please answer all parts

The Drysdale, Koufax, and Marichal partnership has the following balance sheet immediately prior to liquidation Cash Noncash assets $ 40,000 224,00 Liabilities Drysdale, loan Drysdale, capital (50%) Koufax, capital (30%) Marichal, capital (20%) $ 47,500 18,500 76,080 66,000 56,000 a. Liquidation expenses are estimated to be $19,000. Prepare a predistribution schedule to guide the distribution of cash b. Assume that assets costing $78,000 are sold for $62,000. How is the available cash to be divided? Complete this question by entering your answers in the tabs below. tabs below. Reg A1R Reg B . Determine the maximum loss that can be absorbed in Step 1. Then, assuming that this loss has been incurred, determine the next maximum loss that can be absorbed in Step 2. aximum loss that can be Partner the Capital Balance Capital Balance Loss All Maximum Loss That Can Be Allocation Absorbed a. Liquidation expenses are estimated to be $19,000. Prepare a predistribution schedule to guide the distribution of cash. b. Assume that assets costing $78,000 are sold for $62,000. How is the available cash to be divided? Complete this question by entering your answers in the tabs below. Reg A1Reg A2Reg B Determine the maximum loss that can be absorbed in Step 1. Then, assuming that this loss has been incurred, determine the next maximum loss that can be absorbed in Step 2. Partner Loss Capital Balance Maximum Loss That Can Be Allocation Absorbed Step 1 Drysdale Koufax Marichal Step 2 Koufax Marichal a. Liquidation expenses are estimated to be $19,000. Prepare a predistribution schedule to guide the distribution b. Assume that assets costing $78,000 are sold for $62,000. How is the available cash to be divided? Complete this question by entering your answers in the tabs below. Req A1 Req A2 ReqB Liquidation expenses are estimated to be $19,000. Prepare a predistribution schedule to guide the distribution of cash. DRYSLADE, KOUFAX, AND MARICHAL Distribution of Available Cash Liabilities Liquidation expenses / / / / / TIL All remaining cash / / / / / / / / / / Req A1 Req A2 Req B / Assume that assets costing $78,000 are sold for $62,000. How is the available cash to be divided? 7 Cash available for distribution: Beginning cash balance Sale of noncash assets Subtotale Payment of liabilities Payment of estimated liquidation expenses Cash available for distribution I TI Koufax x Marichal Total Cash distribution to partners Drysdale First $12.000 Next $15.500 Next 58.000 Total 11 Req 42