need to be solved in less 30mins or less

Martha Wheaton, Bess Chen, and Sam Smith were partners in an urban Calgary tea shop called Wake and showed the following account balances as of December 31, 2020 accum. Deorec Cash uddinghuilding $196,800 $848,600 $492,000 Account balances December 31, 2020 Land $220,000 Accounts Payable $100,000 Wheaton Chen, Smith Capital Capital Capital $300,000 (64,000) $350.000 Due to difficulties, the partners decided to liquidate the partnership. The land and building were sold for 5715.000 on January 1, 2021 The partners share any profit (loss) in the ratio of 2:11 for Wheaton, Chen, and Smith, respectively, Capital deficiencies at liquidation are absorbed by the remaining partners according to their income (loss) ratio Required: Complete the schedule. Prepare the entry to distribute the remaining cash to the partners. (Negative answers should be indented by a minus sign.) Building Accum. Marth Depred Land Account Payable Wheaton Building Capital 492.000 3 220.000 $ 140.000 $ 340,000 Smith Chem Capital (04000) 5 190.000 318.000 350.000 Account balances Decomber 31, 2020 Sale of land and building Balance Payment of liabilities Balance Absorption of deficiency Balance