nts eBook Ask Print References 1. Each partner's personal assets (excluding partnership capital interests) and personal liabilities as of December 1, 20X6, follow: Gail $368,000 (340,000) $ 28,000 Personal assets Personal liabilities Personal net worth Carlos $ 268,000 (239,000) $ 29,000 Dan $318,000 (231,000) $ 87,000 2. Carlos, Dan, and Gail share profits and losses in the ratio 15:45:40. 3. CDG sold all noncash assets on December 10, 20X6, for $276,000. Required: a. Prepare a statement of realization and liquidation for the CDG Partnership on December 10, 20X6. (Do not round your intermediate calculations. Round your final answers to the nearest whole dollar.)

2. Carios. Dan, and Gail share profits and losses in the ratio 154540 3 CDG sold ail noncbsh assets on December 10,20x6, for $276,000 Required: a. Prepare a statement of reaszatvon and liquldation for the CDG Parthership on December 10, 20X6. (Do not round your intermediote calculations. Pound your final answers to the neorest whole doller: The CDG Canlos, Dan and Gail Rartnership hat decided to liquidate as of December 1, 20x6: A balance stieet on the date foliows Additional informotion b. Prepare a schedvie of the net warth of each of the throe partneis as of Decenber 10.2006, after the liquidation of the parthership is completed assuming that no other events occuired in the 10 day period that chonged aby of the partners personaf assets and personal liabilites (Round your onawers to the nearest whole dollor.)