Problem IV. Prepare the Liquidation schedule in good form: (25 pts.) Judy, Mary, & Sue are partners share profits/losses in a ratio of 4:1:3 Cash = $30,000 Non-Cash Assets $75,000 Liabilities $12,000 Capital - Judy $15,000 Capital - Mary $25,000 Capital - Sue $53,000 1. Pay off all liabilities. 2. Sell off all non-cash assets for $5,000. 3. Any partner with deficits will NOT pay in, any partner deficits will be covered by the remaining partners. 4. Pay off the partners