After closing the accounts on July 1, prior to liquidating the partnership, the capital account balances of Gold, Porter, and Sims are $41,400, $58,800, and $26,100, respectively.Cash, noncash assets, and liabilities total $64,800, $108,900, and $47,400, respectively. Between July 1 and July 29, the noncash assets are sold for $87,300, the liabilities are paid, and the remaining cash is distributed to the partners. The partners share net income and loss in the ratio of 3:2:1. Prepare a statement of partnership liquidation for the period July 1-29. Enter any subtractions (balance deficiencies, payments, cash distributions, divisions of loss, sale of assets) as negative numbers using a minus sign. If an amount is zero, enter in "O". Gold, Porter, and Sims Statement of Partnership Liquidation For the Period Ending July 1-29 Noncash Assets Liabilities + Capital Gold (3/6) + Capital Porter (2/6) Capital Sims (1/6) Cash + $ 41,400 $ 26,100 $47,400 58,800 108,900 64,800 Balances before realization X 87,300 -108,900 Sale of assets and division of loss 0X $152,100 0 X 0X 47,400 Balances after realization -47,400 47,400 Payment of liabilities $ 38,400 Balances after payment of liabilities X 104.700 0 0 0 -104,700 Cash distributed to partners 0 0 Final balances