Simple liquidation-Schedule of cash available The partnership of Folly and Frill is in the process of liquidation. On January 1, 2011, the ledger shows account balances as follows: On January 10, 2011, the lumber inventory is sold for $25,000, and during January, accounts receivable of $21,000 are collected. No further collections on the receivables are expected. Profits are shared 60 percent to Folly and 40 percent to Frill. REQUIRED: Prepare a schedule showing how the cash available on February 1, 2011, should be distributed