Part C Drawdy, Langston, and Pearl operate a local accounting firm as a partnership. After working together for several years, they have decided to liquidate the partnership's property. The partners have prepared the following balance sheet: Cash Drawdy, loan Noncash assets $ 42,000 27,000 194,000 Liabilities Langston, loan Drawdy, capital Langston, capital Pearl, capital Total liabilities and capital $ 49,000 32,000 87,000 72,000 23,000 $263,000 Total assets $263,000 The firm sells the noncash assets for $142,000; it will use $28,000 of this amount to pay liquidation expenses. All three of these partners are personally insolvent. Assume that the profits and losses are split 2:4:4 to Drawdy. Langston, and Pearl, respectively. Required A Required B Required cRequired D Indicate the cash distribution to be made to partners at the end of the liquidation process. Unless otherwise stated, assum that all solvent partners will reimburse the partnership for their deficit capital balances (Do not round intermediate calculations, Round the final answers to nearest dollar amounts.) Drawdy. Langston Loan and Pearl Loan and Capital Capital Capital Beginning balances Loss on disposal Liquidation expenses Capital balances $ 0$ 0$ 0 Allocation of Pearl's deficit balance Final distribution $ 0 $ 0$ 0