Statement of Partnership Liquidation

After the accounts are closed on April $10,$ prior to liquidating the partnership, the capital accounts of Zach Fairchild, Austin Lowes, and Amber Howard are $$34,600,$ $$6,300,$ and $$27,700,$ respectively. Cash and noncash assets total $$9,200$ and $$69,000,$ respectively. Amounts owed to creditors total $$9,600.$ The partners share income and losses in the ratio of $1$:$1$:$2.$ Between April $10$ and April $30,$ the noncash assets are sold for $$36,600,$ the partner with the capital deficiency pays the deficiency to the partnership, and the liabilities are paid.

Required:

$1.$ Prepare a statement of partnership liquidation, indicating $($a$)$ the sale of assets and division of loss, $($b$)$ the payment of liabilities, $($c$)$ the receipt of the deficiency $($from the appropriate partner$),$ and $($d$)$ the distribution of cash.

Enter any subtractions $($balance deficiencies, payments, cash distributions, divisions of loss, sale of assets$)$ as negative numbers using a minus sign. If there is no amount or an amount is zero, enter $"0".$