Statement of Partnership Liquidation After closing the accounts on July 1. prior to liquidating the partnership, the capital account balances of Gold, Porter, and Sims are $27,300, $39,000, and $17,400, respectively, Cash, noncash assets, and liabilities total $41,400, $72,000, and $29,700, respectively. Between July 1 and July 29, the noncash assets are sold for $57,600, the liabilities are paid, and the remaining cash is distributed to the partners. The partners share net income and loss in the ratio of 3:2:1 Prepare a statement of partnership liquidation for the period July 1-29. Enter any subtractions (balance deficiencies, payments, cash distributions, divisions of loss, sale of assets) as negative numbers using a minus sign. If an amount is zero. enter in "0". Gold, Porter, and Sims Statement of Partnership Liquidation For the Period Ending July 1-29 Cash + Noncash Assets = Liabilities + Capital Gold (3/6) + Capital Porter (2/6)+ Capital Sims (1/6) Balance before realization Sale of assets and division of loss Balances after realization Payment of lite Balance after payment of lates Cash distributed to partners Final balances