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please help me out of this question, thank you. postive rate ready! Cash Distribution Plan At the time they decided to liquidate their partnership Whitehead,

please help me out of this question, thank you. postive rate ready! image text in transcribed
Cash Distribution Plan At the time they decided to liquidate their partnership Whitehead, Ellis and Riley had capital balances of $60,000, $48.000 and $80,000, respectively. Liabilities were 538.400 and the balance sheet showed a note receivable from Ellis in the amount of 532.000. The partners share income in a $3:2 ratio Prepare a schedule showing how cash is to be distributed as it becomes available during the liquidation process Remember to use negative signs with answers that reduce the capital balances. Whitehead Ellis Riley Cabana per books Dedstevable Predato balance 1 Standard capital balances Support $ 1 $ 3 5 5 5 5 $ Convertinaments $ 1 5 1 Cash Distribution Plans Fire = . Need On Check

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