Part II. (8 points) MUST SHOW WORK! Quan, Ray, Sen, and Tad are partners who share profits and losses 30%, 20%, 35%, and 15%, respectively. The partnership will be liquidated gradually over several months beginning January 1, 2020. The partnership trial balance at December 31, 2019 is as follows: Debits Credits Cash $3,000 Accounts receivable 10,000 Inventory 25,000 Loan to Ray 4.000 Furniture 15,000 Equipment 18,000 Goodwill 10,000 Accounts payable $12,000 Note payable 30,000 Loan from Sen 6000 Quan, capital (30%) 12,000 Ray, capital (20%) 9.000 Sen, capital (35%) 12,000 Tad, capital (15%) 4.000 Totals $85.000 $85.000 Required: Prepare a cash distribution plan for January 1, 2020, showing how cash installments will be distributed among the partners as it becomes available