Leslie Bjorn, Jason Douglas, and Tom Pierce have a partnership and share income and losses in a 3:1:1 ratio. They decide to liquidate their partnership on March 31, 20xx. The balance sheet appeared as follows on the date of liquidation: BDP Business Balance Sheet March 31, 20Xx Assets Cash Property Plant and Equip. $233,400 Less Acc Dep- PPE Liabilities Accounts Payable Leslie Bjorm, Cap $47,400 $27600 55,200 63,600 (128,400) 105,000 Jason Douglas, Cap Tom Pierce, Cap 6,000 124,800 Total Assets 152,400 Total Lib and Equity $152,400 Prepare the entries on March 31, 20XX, to record the liquidation when Property, plant and equipment is sold for $264,000