The following available accounts for a partnership on 1 October 2015 was: Assets Cash 50000 15000 Equipment 70000 10,000 Receivables 20000 L &E Account payable A loan A capital (20%) R capital (50%) 15000 Inventory 30000 40000 R loan 5000 W capital (30%) 45000 Required: 2 Prepare vulnerability ranking, losses absorption and cash (1 distribution plane on 1 October 2015 Prepare cash distribution schedule on 1 October 2015 (2 Prepare safety payment schedule on 1 October 2015 (3 assuming $10000 contingencies expenses. Assuming equipment was sold for $50,000 on 15/10/2015, (4 Receivables sold for 18000 on 30/10/2011 and in 30/11/2015 sold inventory for 50000. Prepare statement of realization and liquidations with necessary entries.