I need a breakdown of how the answer was achieved.

5. Chen, Korhonen, Lebuca, and Swid are partners who share profits and losses on a 4:3:2:1 basis, respectively. They are beginning to liquidate the business. At the start of this process, capital balances are Required: Prepare a predistribution plan to determine which partner will be the first to receive cash from the liquidation and what amount that partner will receive before other partners receive any cash. Note: Amounts to be deducted should be entered with a minus sign. Schedule 1 \begin{tabular}{|c|c|c|c|} \hline \multicolumn{4}{|c|}{ Schedule 1} \\ \hline Partner & \begin{tabular}{c} Capital Balance/Loss \\ Allocation \end{tabular} & \begin{tabular}{c} Maximum Loss \\ That Can Be \\ Absorbed \end{tabular} & \\ \hline Chen & $60,000/40% & $150,000 & \\ \hline Korhonen & $27,000/30% & $90,000 & (most vulnerable) \\ \hline Lebuca & $43,000/20% & $215,000 & \\ \hline Swid & $20,000/10% & $200,000 & \\ \hline \multicolumn{4}{|c|}{ Schedule 2} \\ \hline Partner & Capital Balance/Loss Allocation & \begin{tabular}{c} Maximum Loss \\ That Can Be \\ Absorbed \end{tabular} & \\ \hline Chen & $24,000/(4/7) & $42,000 & (most vulnerable) \\ \hline Lebuca & $25,000/(2/7) & $87,500 & \\ \hline Swid & $11,000/(1/7) & $77,000 & \\ \hline \end{tabular} \begin{tabular}{lccc} & Schedule 3 \\ \hline Partner Capital Balance/Loss Allocation & \begin{tabular}{c} Maximum Loss \\ That Can Be \\ Absorbed \end{tabular} \\ \hline Lebuca & $13,000/(2/3) & $19,500 & \\ Swid & $5,000/(1/3) & $15,000 & (most vulnerable) \end{tabular} Predistribution Plan - First $3,000 goes to Lebuca - Next $15,000 goes to Lebuca (2/3) and Swid (1/3) - Next $42,000 goes to Chen (4/7), Lebuca (2/7), and Swid (1/7) - All remaining cash goes to Chen (4/10), Korhonen (3/10), Lebuca (2/10), and Swid (1/10) Lebuca receives $3,000 before any of the other partners receives any cash