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can you solve it ASAP please? Tremor, Uvel, Berlioz, and Cramer formed a partnership on January 5, 2006. They agreed to share profits and losses

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Tremor, Uvel, Berlioz, and Cramer formed a partnership on January 5, 2006. They agreed to share profits and losses 40%, 30%, 20%, and 10%, respectively. However, after eight years of operations, they decided to liquidate the business gradually over several months beginning January 1, 2014. The partnership provided the following accounts and their balances at December 31, 2013: Credits Cash Accounts receivable Inventory Loan to Berlioz Furniture Debits $3,000 19,000 25,000 5,000 15,000 10,000 12,000 Equipment Goodwill Accounts payable Note payable Loan from Tremor Tremor, capital Uvel, capital Berlioz, capital Cramer, capital Totals $ 13,600 30,000 5,000 15,000 9,000 12,400 4.000 $ 89.000 $ 89.000 Required: Prepare a cash distribution plan for January 1, 2014, showing how cash installments will be distributed among the partners as it becomes available. Prepare vulnerability rankings for the partners and a schedule of assumed loss absorption

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