Alex and Bess have been in partnership for many years. The partners, who share profits and losses on a 60:40 basis, respectively wish to retire and have agreed to liquidate the business. Liquidation expenses are estimated to be $8,500. At the date the partnership ceases operations, the balance sheet is as follows: Cash Noncash assets $ 69,000 280,000 Liabilities Alex, capital Bess, capital $ 49,500 168,000 131,500 Total assets $ 349,000 Total liabilities and capital $ 349,000 Part A: Prepare journal entries for the following transactions that occurred in chronological order: a. Distributed safe cash payments to the partners. b. Paid $29,700 of the partnership's liabilities. c. Sold noncash assets for $299,500. d. Distributed safe cash payments to the partners. e. Paid remaining partnership liabilities of $19,800. f. Paid $6,700 in liquidation expenses; no further expenses will be incurred. g. Distributed remaining cash held by the business to the partners. Part B: Prepare a final statement of partnership liquidation. Complete this question by entering your answers in the tabs below. Required A Required B