Exercise 11-15 Liquidation of a partnership L05 excel CHECK FIGURE: Dr. Martha Wheaton Capital: $380,000 Martha Wheaton, Bess Chen, and Sam Smith were partners in an urban Calgary tea shop called Wake and showed the following account balances as of December 31, 2020: Accum. Deprec. Building Martha Accounts Wheaton. Payable Capital Bass Chen Capital Sam Smith, Capital Cash Building Land Account balances December 31, 2020 $184.000 824000 $450,000 $208.000 $128000 $216,000 $152.0001 $344.000 Due to difficulties, the partners decided to liquidate the partnership. The land and building were sold for $680,000 on January 2021. The partners share any profit (los) in the ratio of 2:1:1 for Wheaton, Chen, and Smith, respectively. Required Prepare the entry to distribute the remaining cash to the partners assuming any deficiencies are paid by the partners