Prepare proposed schedules of liquidation on January 31, February 28, and March 31 to determine the safe payments made to the partners at the end of each of these three months. Complete this question by entering your answers in the tabs below. January February March Prepare proposed schedule of liquidation to determine the safe payments made to the partners at the end of January. (Amounts to be deducted should be entered with a minus sign.) VAN, BAKEL, AND COX PARTNERSHIP Proposed Schedule of Liquidation January 31 Noncash Van, Capital Bakel, Cash Liabilities Assets and Loan Cox, Capital Capital and 50% Loan 30% 20% Balances - January 1 Collected accounts receivable Sold inventory Paid liquidation expenses Paid accounts payable Subtotal (actual balances) 0 0 0 0 0 0 Maximum loss on assets Maximum liquidation expenses Subtotal (potential balances) 0 $ 0 0 0 Allocation of deficit capital balance Safe payments to partners - January 31 0 $ 0 $ 0 0 $ 0 0 0 0 $ $ $ Prepare proposed schedules of liquidation on January 31, February 28, and March 31 to determine the safe payments made to the partners at the end of each of these three months. Complete this question by entering your answers in the tabs below. January February March Prepare proposed schedule of liquidation to determine the safe payments made to the partners at the end of February. (Amounts to be deducted should be entered with a minus sign.) VAN, BAKEL, AND COX PARTNERSHIP Proposed Schedule of Liquidation February 28 Noncash Cash Liabilities Assets Bakel, Capital Cox, Capital Van, Capital and Loan 50% and Loan 30% 20% 0 0 0 0 0 0 0 0 0 0 0 Balances before January 31 safe payments Safe payments to partners - January 31 Balances - February 1 Paid liquidation expenses Subtotal (actual balances) Maximum loss on assets Maximum liquidation expenses Subtotal (potential balances) Allocation of deficit capital balance Safe payments to partners - February 28 0 0 0 0 0 0 0 0 $ 0 $ 0 $ 0 $ 0 $ 0 $ 0