Question 9 of 10 12 IVANHOE COMPANY Schedule of Cash Payments Current Attempt in Progress Ivanhoe Company at December 31 has cash $21,000, noncash assets $108,000, liabilities $52,400, and the following capital balances: Floyd $43,500 and DeWitt $33,100. The firm is liquidated, and $116,000 in cash is received for the noncash assets. Floyd and DeWitt income ratios are 70% and 30%, respectively. Prepare a schedule of cash payments. (If an amount reduces the account balance then enter with a negative sign preceding the number e.g. 15,000 or parenthesis e.g. (15,000).) Question 9 of 10 1231 IVANHOE COMPANY Schedule of Cash Payments