MUST SHOW WORK! Quan, Ray, Sen, and Tad are partners who share profits and losses 30%, 20%, 35%, and 15%, respectively. The partnership will be liquidated gradually over several months beginning January 1, 2020. The partnership trial balance at December 31, 2019 is as follows: Credits Debits $ 3,000 10,000 25,000 4,000 15,000 18,000 10,000 Cash Accounts receivable Inventory Loan to Ray Furniture Equipment Goodwill Accounts payable Note payable Loan from Sen Quan, capital (30%) Ray, capital (20%) Sen, capital (35%) Tad, capital (15%) Totals $12,000 30,000 6,000 12,000 9.000 12,000 4.000 85.000 $85.000 Required: Prepare a cash distribution plan for January 1, 2020, showing how cash installments will be distributed among the partners as it becomes available