Alex and Bess have been in partnership for many years. The partners who share profits and losses on 60:40 basis, respectively, wish to retire and have agreed to liquidate the business. Liquidation experienses are estimated to $8500. At the end the partnership ceases operations, the balance sheet is as follows cash $69000, Noncash $280000, liabilities $49500, Alex capital $168000, Bess capital $131500. Part B Prepare a final statement of the partnership Liquidation.