DELI SISTERS CAF Balance Sheet November 2, 2017 Cash $30,000 Liabilities $50,100 Supplies 15,000 Loan-Ingram 20,000 Equipment 150,000 Capital-Dennis 52,000 Fixtures 40,000 Capital-Edwards 45,000 Capital-Lacy 19,900 Capital-Ingram 48,000 Total assets $235,000 Total liabilities and capital $235,000 Additonal information: 1. During November, sold half of the fixtures for $5,000. Sold equipment with a book value of $30,000 for $22,000. 2. During December, paid all outside creditors. A neighboring restaurant bought Deli Sisters Cafe's supplies at 80 percent of cost. Sold the remaining fixtures for $8,000. 3. During January, sold equipment with a book value of $40,000 for $28,000. Required Following the safe payment approach, specify how cash is to be distributed at the end of November, December, and January. Dennis Edwards Lacy Ingram November $ 0$ December OX OX January 0 X 0 $ 0$ OX 0 0 OX 0 OX Check