PARTNERSHIP PART C NOTE: CONSIDER THIS PART INDEPENDENT OF PARTNERSHIP PARTS A AND B On 31 December 2019, Mario, Luigi and Toad decide to liquidate the partnership. The ledger accounts have the following balances after closing entries: Cash at bank Non-Cash Assets $103500 Total Liabilities $171000 $364000 Mario, Capital $61000 Luigi, Capital $134000 Toad, Capital $101500 $467500 Total Liabilities and Equity $467500 Total Assets Additional Information i. The partnership agreement allocates profits to Mario, Luigi and Toad in the ratio of 6:2:2. ii. The non-cash assets were sold in a single transaction for $504000 on 31 December 2019, and the partnership settled the liabilities on the same day. ii. Any partner with a capital deficiency in their capital balance will contribute cash to cover their deficiency Required: Fill out the general journal entries below to record the liquidation of the partnership. Instructions: 1. Include only the number in your answer. No comma separators or DEBIT 1. Transfer assets to realisation Debit Cash at bank . Credit 2. Sale of assets > Debit Credit 3. Transfer of profit/loss to partners Transfer of profit/loss to Mario Luigi, Capital Debit Credit Luigi, Capital Transfer of profit/loss to Luigi Debit Credit Transfer of profit/loss to Toad Debit Credit 4. Payment of liabilities Debit Credit 5. Partners' contribution to cover any deficiency Mario's contribution to cover any deficiency Debit Credit Luigi's contribution to cover any deficiency Debit 0 Credit . Toad's contribution to cover any deficiency Debit Credit 6. Final payments to partners Final payment to Mario Debit Credit Final payment to Luigi Debit Credit 6. Final payments to partners Final payment to Mario Debit Credit Final payment to Luigi Debit . > Credit Final payment to Toad Debit . $ Credit . Please answer all parts of the