On June 30, 2021, the partnership had the following fiscal year-end balance sheet: Liabilities and Equity Accounts payable Loan from Charlie Other payable Assets Cash Accounts receivable Inventory Supplies Plant assets-net Patent Total assets $ 58,000 32,000 28,000 20,000 24,000 12.000 $ 174,000 Christian, capital (20%) Daniella, capital (20%) Xavier, capital (60%) Total liabilities and equity The percentages shown are the residual profit and loss sharing ratios. The partners dissolved the partnership on July until September, 2021. In July 1, 2021; began the liquidation process. During July the following events occurred All inventory was sold for $10,000. Paid loan from Charlie. Receivable of $16,000 were collected. During August the following events occurred Receivable of $10,000 were collected and another recognized of write-off account. All supplies was sold for $55,000. Paid other payable. $ 14,000 30,000 20,000 48,000 40,000 22,000 $.174,000 During September the following events occurred Sold all plant assets for $24,000 Write-off patents Paid account payable. If there is any money left over, it is distributed at the ratios (percentages) that each partner has: 20:20:60.