PROBLEM2 The ABC Partnership decided to terminate its affairs sceared as of nformation is taken from the balance sheet that was prepare of December 31, 2018. The following as of the date of termination: Cash Receivables (net) Inventories $ 100,000 240,000 180,000 580,000 Liabilities A, Capital (3096) B. Capital (20%) C, Capital (50%) Total Liabilities Capital $ 80,000 580,000 360,000 80,000 Fixed Assets (net) Total Assets $1.100.000 $1100.000 Assume that were pa 75% of the noncash assets were sold for $550,000 and that 25% of the liabilities id at the first stage of liquidation. All other assets and were settled at the second stage. a safe payment schedule assuming all partners are insolvent