Due to difficulties, the partners decided to liquidate the partnership. The land and buikfing were sold for $688,000 on January 1,2024. he partners share any profit (loss) in the ratio of 2:1:1 for Wheaton. Chen, and Smith, respectively. Capital deficiencies at iquidation are bsorbed by the remaining partners in Wake according to their profit (loss) ratio. Required: Complete the schedule. Prepare the entry to distribute the remaining cash to the partners. (Negative answers should be indicated by minus sign.)