Lewis and Clark operate a partnership. They share profit and losses in a ratio of 4:6 respectively. On December 31, the records show the following account balances: Cash Accumulated Equipment depreciation, Equipment $85,000 $45,000 Accounts payable Lewis, capital Clark, capital $50,000 $44,000 $40,000 $6,000 Required: Prepare the journal entries to record the liquidation of the partnership assuming the equipment is sold for $12,000 on December 31. Any deficiencies are paid by the partners with the deficiencies