David Wallace, Olena Dunn, and Danny Lin were partners in a commercial architect firm and showed the following account balances as of December 31, 2020: Cash $36,100 Accum. Deprec. Equipment $100,000 Equipment $185,000 Accounts Payable $8,100 Notes Payable $23,000 David Wallace, Capital $42,000 Olena Dunn, Capital $25,000 Account balances December 31, 2020 Danny Lin, Capital $23,000 Due to several unprofitable periods, the partners decided to liquidate the partnership. The equipment was sold for $67,000 on January 1, 2021. The partners share any profit (loss) in the ratio of 2:1:1 for Wallace, Dunn, and Lin, respectively. Required: 1. Complete the schedule. (Negative answers should be indicated by a minus sign.) Cash Equipment Accum. Deprec. Equipment $ 100,000 Accounts Payable Notes Payable David Wallace, Capital $ 42,000 Olena Dunn, Capital 25,000 Danny Lin, Capital 23,000 $ 36,100 $ 185,000 $ 8,100 $ 23,000 $ $ Account balances December 31, 2020 Sale of equipment Balance $ 36,100 $ 185,000 $ 100,000 S 8.100 $ 23,000 $ 42,000 $ 25,000 $ 23,000 Payment of liabilities Balance $ 36,100 $ 185,000 $ 100,000 $ 8,100 $ 23000 $ 42,000 $ 25,000 $ 23,000