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L SCREEN PRINTER VERSION BACK . Noncash assets were sold for $110,160. The income ratios of the partners Ganeros, Gunselman, and Forren The partners of

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L SCREEN PRINTER VERSION BACK . Noncash assets were sold for $110,160. The income ratios of the partners Ganeros, Gunselman, and Forren The partners of LR Company have decided to liquidate their business are 3: 2:3, respectively. Complete the following schedule of cash payments for LR Company. (If an amount reduces the account balance then enter preceding the number e.g. -15,000 or parenthesis e.g. (15,000).) Item + Noncash Assets- Liabilities Cisneros Capital+Gunselman Capital+ Forren Capital Balance before liquidation Sale of noncash assets and allocation of gain New balances Pay liabilities New Balances Cash distribution to partners $14,400 $84,800 $31,160 $22,010 $31,560 $14,470 Final balances Click if you would like to Show Work for this question: een Show Work

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