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The partnership of Larson, Norris. Spence and Harrison has decided to terminate operations and liquidate all business property During this process, the partners expect to incur 58.000 in liquidation expenses. All partners are currently solvent The balance sheet reported by this partnership at the time that the liquidation commenced follows. The percentages indicate the allocation of profits and losses to each of the four partners. C Account cekvate Inventory Land and building Totale 21,250 Lt 48.000 ron, capital (2003 39,000 orris, capital (30) 1,000 Huynd, H Nai (40). 100.000, epital (301) 3230.250 Totalities and capital $ 47,000 25,000 60,000 75,000 52:30.250 Based on the information provided, prepare a predistribution plan for iquidating this partnership Prepare the loss allocation table Partner Capital Balance Location Lou That Can ha Aborted Schedule 1 5 5 Nam 35.00020 50.000, 75.00020 41.250/10 75.000 200 000 375.000 137.500 5 $ Harmon Schedule 2 Larson Nam Spencer Harrison Schedules Nem Spencer Harrison Complete this question by entering your answers in the tabe below. Los Allocation Balance Prepare the table showing partner balances Norrie Spencer Harrison Benningtones Assumed oss Schedule 1 Simponebalances Assured Schedule 2 Step to Balances Assumed oss Schedule Step