On January 1, 20X1, partners Art, Bru, and Chou, who share profits and losses in the ratio of 6:3:1, respectively, decide to liquidate their partnership. The partnership trial balance at this date follows:

	Debit		Credit
Cash	$	19,200
Accounts Receivable		69,000
Inventory		55,000
Machinery and Equipment (net)		192,000
Accounts Payable			$	54,200
Art, Capital				91,000
Bru, Capital				113,000
Chou, Capital				77,000
Total	$	335,200	$	335,200

The partners plan a program of piecemeal conversion of assets to minimize liquidation losses. All available cash, less an amount retained to provide for future expenses, is to be distributed to the partners at the end of each month. A summary of the liquidation transactions follows:

January 20X1

1.	Collected $53,400 on accounts receivable; the balance is uncollectible.
2.	Received $39,800 for the entire inventory.
3.	Paid $2,600 liquidation expenses.
4.	Paid $51,700 to creditors, after offset of a $2,500 credit memorandum received on January 11, 20X1.
5.	Retained $11,200 cash in the business at the end of the month for potential unrecorded liabilities and anticipated expenses.

February 20X1

6.	Paid $4,600 liquidation expenses.
7.	Retained $6,600 cash in the business at the end of the month for potential unrecorded liabilities and anticipated expenses.

March 20X1

8.	Received $148,400 on sale of all items of machinery and equipment.
9.	Paid $5,600 liquidation expenses.
10.	Retained no cash in the business.

Required:

Prepare a statement of partnership liquidation for the partnership with schedules of safe payments to partners. (Round your answers to nearest whole dollar.)