Baker, Strong, and Weak have called on you to assist them in Winding up the af'tairs of their partnership. You are able to gather the folloWIng information. 1. The trial balance of the partnership at June 30, 2014, is as follows. Cash $6,000 Accounts Receivable 21,900 Inventory 14,000 Plant and Equipment (net) 99,300 Baker, Advance 11,900 Weak, Advance 7,500 Accounts Payable $15,600 Baker. Capital 67.500 Strung, Capital 44,800 Weak, Capital 33,200 Tctal $161,1m $151.1!!! 2. The partners share prots and losses as follows: Baker, 40%} Strong, 40%; and Weak, 20%. 3. The partners are considering an offer of $99,400 for the accounts receivable, inventory, and plant and equipment as of June 30. The $99,400 would be paid to the partners in installments, the number and amounts of which are to be negotiated. " Question 6 Prepare an advance cash distribution plan as of June 30, 2014. Prepare a schedule to show how the potential cash ($105,400) would be distributed as it becomes available. To Creditors $ $ $ $ $ To Baker To Baker and Weak Remainder