After discontinuing the ordinary boniness operations and closing the accounts on May 7, the leader of the partnership of Anna, trian, and Cole indicated the following: Cash 17,500 105,000 Noncash Assets Liabilities Anna, Capital Brian, Capital Cole, Capital 327.500 45,000 15,000 25,000 $512,500 $112,500 The partners are not income and loss in the ratio of 3:21. Between May ? and May 30, the nocassets were sold for $150.000, the abilities were paid, and the remaining cash was distributed to the partners a. Prepare a statement of partnership liquidation amount box does not require an entry, leave it blank Anna, Brian, and Cole Statement of Partnership Liquidation For Period May 7-30 Capital Capital Capital Noncash Anna Brian Cole Assets (3/6) + (2/6) (2/6) Cash + Liabilities + Balances before realization Sale of assets and division of gain Balances after realization Payment of liabilities Balances after payment of a Next > b. Assume the same facts as in (a), except that the noncashy assets were sold for 545,000 and any partner with a capital deficiency pays the amount of the dendency to the partnership Prepare a statement of partnership liquidation an amount box does not require an entry, leave it blank. Anna, Brian, and Cole Statement of Partnership Liquidation For Period May 7-30 Capital Capital Capital Anna Brian Cole (3/6) + (2/6) (1/6) Cash + Noncash Assets Liabilities Balances before realization Sale of assets and division or los Balances after realization Payment of liabilities Balances after payment of abilities Receipt of deficiency Balonces E Cash distributed to partners Final balances