Baker, Strong, and Weak have called on you to assist them In Winding up the affairs of their partnership. You are able to gather the followmg Information. 1. The trial balance of the partnership at June 30, 2014, is as Follows. Cash $6,000 Accounts Receivable 22,000 Inventory 14,000 Plant and Equipment (net) 99,000 Baker, Advance 12,000 Weak. Advance 7,500 Accounts Payable $17,000 Baker, Capital 67,000 Strung, Capital 45,000 Weak. Capital 31,500 szal $160,500 $160,500 2. The partners share prots and losses as follows: Baker, 40%; Strong, 40%, and Weak, 20%. 3. The partners are considering an otter of $100,000 for the accounts receivable, inventory, and plant and equipment as of June 30. The $100,000 would be paid to the partners in installments, the number and amounts of which are to be negotiated. * Question 5 Prepare an advance cash distribution plan as of June 30, 2014. Prepare a schedule to show how the potential cash ($106,000) would be distributed as it becomes available. To Creditors $ $ $ $ $ To Baker To Baker and Weak Remainder