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ABC Corporation currently has $7,000 in cash, $15,000 in noncash assets, and liabilities of 58,000. The partners, Adrian, Batch, and Crenshaw, had capital balances of

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ABC Corporation currently has $7,000 in cash, $15,000 in noncash assets, and liabilities of 58,000. The partners, Adrian, Batch, and Crenshaw, had capital balances of $8,000, 52,000, and $4.000, respectively. The partners share a profit and loss ratio of 3:2:1. The noncash assets were sold for $3,000. Any capital deficiencies are absorbed by the remaining partners. Complete the liquidation chart below

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