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The DSV Partnership decided to liquidate as of June 30,205. Its balance sheet as of this date follows: Additional Information 1. The personal assets (excluding partnership loan and capital interests) and personal liabilities of each partner as of June 30,205 follow: 2. The DSV Partnership was liquidated during the months of July, August, and September. The assets sold and the amounts realized follow: 3. The accounts payable of $405,000 was paid in July. Assume the following cash amounts were received during the months of July, August, and September from the sale of DSV Partnership's noncash assets: The partnership wishes to keep $10,000 of cash on hand at the end of both July and August to pay for unexpected liquidation expenses. It paid liquidation expenses of $2,500 at the end of each month, July, August, and September. D, S, and V share profits and losses in the ratio 50:30:20, respectively. Prepare a statement as of June 30,205, showing how cash will be distributed among partners as it becomes available. Note: Do not round your intermediate calculations. Round your final answers to nearest whole dollar. Prepare schedules showing how cash is distributed at the end of July, August, and September 205