Adams, Peters, and Blake share profits and losses for their APB Partnership in a ratio of 2:3:5. When they decide to liquidate, the balance sheet is as follows: Llquidation expenses are expected to be negligible. No interest accrues on loans with partners after termination of the business. During the liquidation process for the APB Partnership, the following events occurred: 1. During the first month of liquidation, noncash assets with a book value of $92,000 were sold for $70500, and $25,000 of the liabilities were pald. 2. During the second month, the remaining noncash assets were sold for $77.000. The loan recelvable from Adamis was collected, and the rest of the creditors were pald. 3. Cash is distributed to partners at the end of each month. Required: Prepare a statement of partnership realization and liquidation with a schedule of safe payinents to partners for the liquidation period. Please follow the practical guldelines when completing this worksheet. APB PARTNERSHIP Statement of Partnership Realization and Liquidation