Liquidation schedule- one negative capital account with capital contribution

The ABC Partnership reports the following condensed balance sheet:

Cash $580,000 Noncash assets 1,200,000 Total assets $1,780,000

Liabilities $800,000 Partner A, Capital 450,000 Partner B, Capital 450,000 Partner C, Capital 80,000 Total liabilities and Partner Capital $1,780,000

The Partners wish to liquidate the partnership. The noncash assets are sold for $900,000 with the loss distributed to the partners in the ratio of 30%30%40% to partner A, B, and C, respectively. The liabilities are paid in full. Partners make any capital contribution that is necessary to offset a negative balance in their respective Capital Accounts. Prepare a schedule detailing the liquidation of the assets, repayment of the liabilities, and distribution of the remaining cash to the partners.