the fact that the partnership had been unprofitable for the past several years, A, B, C, and D respectively tie. The following balance sheet was prepared immediately before the liquidation process Due t liqidate their partnership. The partners share profits and losses in the ratio of 30:30:20:20, began: A BC D Partnership Balance Sheet Cash Other Assets s 100,000 Liabilities A, Capital B, Capital C, Capital D, Capital $450,000 75,000 60,000 40,000 Total Assets $650,000 Total Lia & Equities S450.000 The personal status of each partner is as follows: Personal P Personal Assets Liabilities $175,000 120,000 140,000 160,000 70,000 B. 100,000 400,000 60,000 The partnership's other assets are sold for $200,000 cash. The partnership operates in a state which has adopted the Uniform Partnership Act Required: A. Complete the following schedule of partnership realization and liquidation. Assume that a partner makes additional contributions to the partnership when appropriate based on their individual status OTHER CASH ASSETS LIABILITIESA $100,000 $550,000 $450,000 75,000 60,000 40,000 25,000