The following condensed balance sheet is for the partnership of Hardwick, Saunders, and Ferris, who share profits and losses in the ratio of 4:3:3, respectively: $ Cash Other assets Hardwick, loan 97,000 835,000 48,000 Accounts payable Ferris, loan Hardwick, capital Saunders, capital Ferris, capital Total liabilities and capital $ 102,000 58,000 350,000 240,000 230,000 $ 980,000 Total assets $ 980,000 The partners decide to liquidate the partnership. Forty percent of the other assets are sold for $146,000. Prepare a proposed schedule of liquidation at this point in time. (Amounts to be deducted should be entered with a minus sign.) HARDWICK, SAUNDERS, AND FERRIS Proposed Schedule of Liquidation Hardwick, Other Accounts Cash Loan and Assets Payable Capital Saunders, Capital Ferris, Loan & Capital Beginning balances Sold assets Assumed: loss on remaining assets Paid liabilities Safe balances A $ 0 FA 0 $ 0 $ 0 0 $ 0