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 liquidate their partnership. The trial balance at this date follows: DebitCredit Cash Accounts receivable Inventory Machinery and equipment, net Van, loan Accounts payable Bakel, loan Van, capital Bakel, capital Cox, capital 29,e08 88,808 74,808 211,808 52,8ee 42,808 129,800 181,808 85,888 Totals $ 454,808 454,808 The partners plan a program of piecemeal conversion of the partnership's 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: anuary Collected $62,888 of the accounts receivable; the balance is deemed uncollectible Received $49,888 for the entire inventory Paid $5,808 in 1iquidation expenses Paid $91,888 to the outside creditors after offsetting a $6,880 credit memorandum received by the partnership on January 11 Retained $21,888 cash in the business at the end of January to cover any unrecorded liabilities and anticipated expenses. The remainder is distributed to the partners February Paid $6,888 in liquidation expenses Retained $9,8ee cash in the business at the end of the month to cover unrecorded liabilities and anticipated expenses March Received $157,888 on the sale of all machinery and equipment Paid $8,888 in final liquidation expenses Retained no cash in the business Prepare a schedule to compute the safe installment payments made to the partners at the end of each of these three months. (Do not round Intermedlete colculetlons.)