Cash $7,000 Adrian, Capital $8,000 Noncash assets 15,000 Batch Capital 2,000 Liabilities 8,000 Crenshaw, Capital 4,000 The partners share a profit and loss ratio of 3.2.1. The noncash assets were sold for $3,000. Any capital deficiencies are absorbed by the remaining partners. Complete the liquidation chart below Statement of Partnership Liquidation Noncash Assets Liabilities Cash Capital Balances before realization Sale of assets and division of loss or gain Balances after realization Payment of liabilities Balances after payment of liabilities Receipt of deficiency Balances Cash distributed to partners Final balances