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US 1) Iye, Ula, Val, and Watt are partners who share profits and losses 40%, 30%, 20% and 10. respectively. The partnership will be liquidated gradually over several months beginning January 1, 2011. The partnership trial balance at December 31, 2010 is as follows: Cash Debits Credits Accounts receivable $3,000 19,000 Inventory 25,000 Furniture 15,000 Equipment 10,000 Goodwill 14.000 Accounts payable $13,600 LNote payable 30,000 Tye, capital (40%) 20,000 Ula, capital (30%) 9,000 Val, capital (20%) 7,400 Watt, capital (10%) 4.000 Totals $84.000 $84.000 [Acco Required Prepare a cash distribution plan for the partnership, showing how cash installments will be distributed among the partners as it becomes available