Ahmad ,Khaled and Ali are three partners they decide to liquidate the partnerships on 31/12/2018 the Balance sheet on the same date as follows

Assets	Amount	Liabilities & owner equity	Amount
Cash	40,000	Accounts payable	55,000
Accounts Receivable	20,000	Ahmad Capital (50%)	15,000
Inventory	45,000	Khaled Capital (25%)	20,000
Equipment	30,000	Ali capital (25%)	45,000
Total	135,000	Total	135,000

During the month of January 2019

1) $17,000 were collected from accounts receivable

2) The equipment of book value 15,000 sold for cash $10,000

3) Liquidation expense $1,000 was paid.

Instructions:

1) Prepare liquidation statements for the month of January 2019

2) Prepare the safe payment schedules for the month of January 2019