On January 1, the partners of Van, Bakel, and Cox (Who share profits and losses in the ratio of 5:3:2, respectively) decide to terminate operations and liquidate their partnership. The trial balance at this date follows: The partners plan a program of plecemeal conversion of the partnership's assets to minimize liquidation losses. All avallable 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: February Paid $4,000 in 1iquidation expenses. Retained $6,000 cash in the business at the end of the month to cover additional liquidation expenses. Prepare proposed schedule of hiquidation to determine the safe payments made to the partners at the end of february. (Amounks in ih- deducted shocild be entered with a minus sian.)