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Cash distribution plan The December 31, 2011, balance sheet of the Cam, Doc, and Guy partnership, along with the parthen residual profit- and loss-sharing ratios, is summarized as follows: Assets Equities Cash Receivables Inventories Due from Cam Other assets $60,000 Accounts payable 20,000 Loan from Doc 150,000 Cam capital (20%) $90,000 50,000 95,000 160,000 205,000 $600,000 15.000 255,000 Doc capital (30%) Guy capital (50%) $600,000 The partners agree to liquidate their partnership as soon as possible after January 1,2012, and to distribute all cash as it becomes available REQUIRED: Prepare a cash distribution plan to show how cash will be distributed as it becomes available