The balance sheet of the ABC Partnership, which is being liquidated, is as shown: Assets Cash Receivables Inventory Plant and equipment, net $ 80,000 100,000 180,000 Liabilities $ 25,000 Accounts payable 40,000 Bank loan payable 60,000 Total liabilities 275,000 Capital Acton Brock Cohen Total capital $400.000 Total 35,000 85.000 100.000 220,000 $400.000 Total The partners share income in a 1:4:5 ratio. The receivables yield $30,000 in cash. The inventory and plant and equipment are sold for $300,000. Required Determine the proper distribution of the available cash to the creditors and the partners