Partnership Liquidation-Safe Payments Several years ago, Ann Dennis, Jill Edwards, Lee Lacy, and Sarah Ingram fomed a partnership to operate the Deli Sisters Cafe. Rercuting of bus lines caused declines in patronage to the extent that the partners have agreed to dissolve the partnership and liquidate the assets. The November 2, 2020, balance sheet of the Deli Sisters Cafe and other data appear below. Partnership income and losses are shared in a 2:3:1:4 ratio DELI SISTERS CAFE Balance Sheet November 2, 2020 $25,000 Liabilities Cash S60,700 20,000 Loan-Ingram 175,000 Captal-Dennis 50,000 Captal Edwards Capital Lacy Supplies 15,000 52,000 Equipment Fixtures 54,000 22,000 Capital-ingram 56,300 Total assets$270,000 Total liabilities and capital $270,000 Additonal information: 1. During Novermber, sold half of the fixtures for $18,000. Sold equipment with a book value of $30,000 for $21,000. 2. During December, paid all outside creditors. A neighboring restaurant bought Deli Sisters Cafe's supplies at 80 percent of cost. Sold the remaining fixtures for $8,000. 3. During January, sold equipment with a book value of $40,000 for $25,000. Required Following the safe payment approach, specify how cash is to be distributed at the end of November, December, and January Edwards 0 Dennis Lacy 0 Ingram November x $ December 0s January x Check