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 Equities Cash Adams, Loan Other Assets S 29,800 72,600 99,000 82,800 S 39,000 Liabilities 13,200 Adams, Capital 232,000 Peters, Capital Blake, Capital Total Assets $284,200 Total Liabilities & Equities $284,200 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. Cash Distribution Plan Loss Absorption Potential Capital Accounts Peters Blake Blake Profit and loss percentages Preliquidation capital balances Loan to Adams Total Loss absorption potential Decrease highest LAP to next highest Decrease LAPs to next highest