Alex and Boss have boon in partnership for many years. The partners, who share profits and losses on a 70: 30 basis, respectively, wish to retire and have agreed to liquidate the business. Liquidation expenses are estimated to be $9,000. At the date the partnership ceases operations, the balance sheet is as follows: Part A: Prepare journal entries for the following transactions: a. Distributed safe cash payments to the partners. b. Paid $30,000 of the partnership's liabilities. c. Sold noncash assets for $310,000, d. Distributed safe cash payments to the partners. e. Paid remaining partnership liabilities of $20,000. f. Paid $7,100 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