Q, R, S, and T are partners, sharing profits and losses 40%:20%:20%:20%, respectively. After sale of firm assets and payment of the available cash to the partnership creditors, a partnership trial balance and the personal status of each partner are as follows:

		Partnership Trial Balance				Personal Status Exclusive of Partnership Interest
		Debit		Credit		Partner		Assets		Liabilities
Creditors				$2,000
Q, Capital				400		Q		$15,600		$10,800
R, Capital				7,500		R		8,400		20,700
S, Capital		$6,300				S		16,000		5,200
T, Capital		3,600				T		6,500		8,300
		$9,900		$9,900

The partnership operates in a state that has adopted the Uniform Partnership Act.

(c) Assuming that Q pays the partnership creditors, prepare a schedule to show how the settlement by the partners will be completed. (Enter credit balance of an account and credit posting to an account with negative sign preceding the number, e.g. -45 or parentheses, e.g. (45).)