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:

Assets Liabilities and Capital

Cash $ 43,000 Liabilities $ 48,500

Adams, Loan 10,600 Adams, Capital 58,300

Other Assets 206,000 Peters, Capital 79,500

Blake, Capital 73,300

Total Assets $ 259,600 Total Liabilities and Equities $ 259,600

Liquidation expenses are expected to be negligible. No interest accrues on loans with partners after termination of the business.

Required:

Prepare a cash distribution plan for the APB Partnership. Please follow the practical guidelines when completing this worksheet.