Hardin, Sutton, and Williams have operated a local business as a partnership for several years. All profits and losses have been allocated in a 30% : 30% : 40% ratio, respectively. The following balance sheet has been produced:

Cash	$10,000		Liabilities	$80,000
Noncash assets	227,000		Hardin, capital	96,000
			Sutton, capital	45,000
			Williams, capital	16,000
Total assets	$237,000		Total liabilities and capital	$237,000

During the liquidation process, the following transactions take place: - Noncash assets are sold for $216,000. - Liquidation expenses of $12,000 are paid. No further expenses are expected.

Prepare the journal entries for the sale of noncash assets, payment of liquidation expense, and payment of liabilities.