Prior to the distribution of cash to the partners, the accounts in the Sunland Company are Cash $$32,800$; Vogel, Capital $($Cr$.)$ $$19,000$; Utech, Capital $($Cr$.)$ $$17,000$; and Pena, Capital $($Dr$.)$ $$3,200.$ The income ratios are $5$:$3$:$2,$ respectively. Sunland Company decides to liquidate the company.

$($a$)$

Prepare the entry to record $(1)$ Pena's payment of $$3,200$ in cash to the partnership and $(2)$ the distribution of cash to the partners with credit balances. $($Credit account titles are automatically indented when amount is entered. Do not indent manually$)$

No$.$ Account Titles and Explanation

Debit

Credit

$(1$

$$

$$

$$

$$

$(2)$