Help 5 account balances as of December 11, 2U2U Check yo Budi Accm Parthe Deprec Cash Account Account balances December 31, 2020 Wheato Last On $192,000 Payable 5840.00 C $400,000 5216.000 CI Cool $136.000 (10) 53,000 Due to difficulties, the partners decided to liquidate the partnership. The land and building were sold for $703,000 on January 1, 2021 The partners share any profit (loss) in the ratio of 2.11 for Wheaton, Cher, and Smith, respectively Required: Complete the schedule. Prepare the entry to distribute the remaining cash to the partners assuming any deficiencies are paid by the partners. (Negative answers should be indicated by a minus sign) Martha Bless Accounts Cash Building Land Depo Payable Wheato, Chien Bullet Capital Capital Cao 5192,000 5 310.000 $ 438.000 $216.000 5 136 000 $ Account balances December 31, 2020 332.000 $ 352.000 (66.000) Sale of land and building 450.000 $216.000 136.000 $ 192.000 3 840.000 $ 352.000 332 000 $ (59000 5 Balance Payment of liabilities 1350005 332 000 $ (50,000) $ 192.000 $340,000 5438 000 $ 216,000 5 Balance Absorption of deficiency 352.000 135 000 $ 3320005 150 $ 5192 000 $ $40 000 5458000 5 216.000 5 Balance nec 352.000 USTM