Dawkins, Vida, and Walker are liquidating their partnership. Before selling the assets and paying the liabilities, the capital balances are Dawkins $44,000; Vida, $25,000; and Walker, $19,000. The profit-and-loss-sharing ratio has been 2:1:1 for Dawkins, Vida, and Walker, respectively. The partnership has $77,000 cash, $41,000 non-cash assets, and $30,000 accounts payable. 1. Assuming the partnership sells the non-cash assets for $54,000, record the journal entries for the sale of non-cash assets, allocation of gain or loss on liquidation, the payment of the outstanding liabilities, and the distribution of remaining cash to partners. 2. Assuming the partnership sells the non-cash assets for $12,000, record the journal entries for the sale of non-cash assets, allocation of gain or loss on liquidation, the payment of the outstanding liabilities, and the distribution of remaining cash to partners