Natasha, Elize and Tino are partners in a wellness and beauty salon trading as The Wellness Spa. They share profits and losses in the ration 5:3:2. Due to the COVID-19 pandemic and the subsequent global economic downfall, they decided to liquidate the partnership simultaneously on July 2021. The following information was obtained from the records of the partnership: The Wellness Spa Statement of Financial position as at 30 June 2021 N$ Equity and Liabilities Capital: Natasha 58 00.00 Elize 40 000.00 Tino 22 000.00 CURRENT ACCOUNTS: Natasha (18 500.00) Elize 7 600.00 Tino 19 000.00 LIABILITIES Loan 13 700.00 Creditors 8 000.00 149 800 ASSETS: Motor Vehicles 46 000.00 Furniture 12 000.00 Salon equipment 58 000.00 Investment 12 000.00 Trade and other receivables 19 800.00 Bank 2 000.00 149 800 The partners decided to dissolve the partnership. The assets are realized as follows: 1) The furniture was sold at aa loss of N$ 3 000. 2) The salon equipment was sold for N$ 22 000 Cash 3) The motor vehicles were sold