None of the partners has personal assets if they go into a deficit financial position. They present the following partnership balance sheet amounts at December 31 , 2020 : (i) (Click the icon to view the balance sheet.) Required 1. Prepare a summary of liquidation transactions for each of the following situations: a. The noncash assets are sold for $146,000. b. The noncash assets are sold for $114,000. 2. What legal recourse do the remaining partners have to be reimbursed for deficit balances? Requirement 1a. Prepare a summary of the liquidation transactions for (a) the noncash assets are sold for $146,000. (Use p every account after every transaction. Enter "0" if the account has a zero balance. Enter a zero for any partners who Balance sheet None of the partners has personal assets if they go into a deficit financial position. They present the following partnership balance sheet amounts at December 31 , 2020 : (i) (Click the icon to view the balance sheet.) Required 1. Prepare a summary of liquidation transactions for each of the following situations: a. The noncash assets are sold for $146,000. b. The noncash assets are sold for $114,000. 2. What legal recourse do the remaining partners have to be reimbursed for deficit balances? Requirement 1a. Prepare a summary of the liquidation transactions for (a) the noncash assets are sold for $146,000. (Use p every account after every transaction. Enter "0" if the account has a zero balance. Enter a zero for any partners who Balance sheet