initial capital invested. Balance Sheet Amount Initial Investment Ratio Accounts Cash 80,000 Machinery 600,000 Accumulated 150,000 Depreciation Accounts Payable 130.000 Lee Capital 75,000 1 Max Capital 200,000 4 Jan Capital 125,000 5 Required: By arranging the balance sheet accounts horizontally as columns, indicate the balance in each of the balance sheet accounts after the following events: 1) Sale of the machinery (20 marks) 2) Payment of liabilities (2 marks) 3) Distribution of remaining cash (12 marks)