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KKG Partnership established by Kris, Ken and Gres has been agreed to be liquidated as of January 1, 2017. Financial position shortly before liquidation as

KKG Partnership established by Kris, Ken and Gres has been agreed to be liquidated as of January 1, 2017. Financial position shortly before liquidation as follows (in thousands of rupiah):

Cash160.000

Liabilities 200.000

Inventory 440.000

Loan from Gres 100.000

Plant Assets 1.000.000

Kris\'s Capital (40%) 500.000

Other Assets 400.000

Ken\'s Capital (30%) 600.000

Gres\'s Capital (30%) 600.000

Total 2.000.000

Total 2.000.000

The liquidation process is carried out gradually for three months, namely:

January : Plant assets with a book value of Rp 600,000,000 sold for Rp 480,000,000

February : Supplies are sold for Rp 500,000,000.

All existing cash is distributed unless Rp 10,000,000 is withheld for expenses

Liquidation.   Liquidation fees will be paid in March.

March : The remaining plant assets are sold for Rp 340,000,000 and other assets are sold for Rp420.000.000

Requested: Make a Statement of Liquidation and its safe payment schedule.
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