Installment Liquidation: Schedule of Safe Payments Partners Limin, Parducho and Calingasan share profits and losses in the ratio of S:3:2. The partners decided to liquidate the partnership. Their statement of financial position prior to liquidation is: Assets Liabilities & Capital Cash P 400.000 Liabilities P600,000 Other Assets 2.100.000 Limin. Loan 80,000 Limin. Capital 400,000 Parducho. Capital 720,000 Calingasan. Capital 700,000 Total Assets P2,500,000 Total Liabilities & Capital P2,500,000 The partnership is to be liquidated by installment. The first sale of non-cash assets costing P1,200,000 realized P900,000. Liquidation expenses paid amounted to P20,000. Required: How much cash should be distributed to each partner