Pharoah Company at December 31 has cash $21,200, noncash assets $102.000, Babilities $55,600, and the following capital balances: Floyd 43,000 and Dewitt $24,000. The firm is liquidated, and $115.000 in cash is received for the noncash assets. Floyd and Dewit income ratios are 70% and 30%, respectively Prepare a schedule of cash payments. (If an amount reduces the account balance then enter with a negative sign preceding the number .. 15,000 or parenthesis g. (15,000).) Ttem PHAROAH COMPANY Schedule of Cash Payments Cash Noncash Assets - $102,000 Floyd, Capital - Dewitt, Capital Liabilities $55.600 Balances before liquidation $43.000 Sale of noncash assets and allocation of gain New balances Pay liabilities New balance Cash distribution to partners Final balances e St Click if you would like to Show Work for this