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The following balance sheet is for a parthership in which the partners have decided to terminate operations and liquidate assets. The partners estimate liquidation expenses

The following balance sheet is for a parthership in which the partners have decided to terminate operations and liquidate assets. The partners estimate liquidation expenses will be $10,000.
Prepare a proposed schedule of liquidation to carry out a preliminary distribution of partnership assets at the date of termination. (Amounts to be deducted should be entered with a minus sign.)
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