The Drysdale, Koufax, and Marichal partnership has the following balance sheet immediately prior to liquidation: $ Cash Noncash assets 37,000 209,000 Liabilities Drysdale, loan Drysdale, capital (50%) Koufax, capital (30%) Marichal, capital (20%) $ 49,000 12,500 71,500 61,500 51,500 a. Liquidation expenses are estimated to be $16,000. Prepare a predistribution schedule to guide the distribution of cash. b. Assume that assets costing $75,000 are sold for $60,500. How is the available cash to be divided? Complete this question by entering your answers in the tabs below. Req A1 Reg A2 Req B Assume that assets costing $75,000 are sold for $60,500. How is the available cash to be divided? Cash available for distribution: Beginning cash balance Sale of noncash assets Subtotal Payment of liabilities Payment of estimated liquidation expenses Cash available for distribution Koufax Marichal Total Cash distribution to partners: Drysdale First $10,500 Next $18,500 Next $3,500 Total