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	$	82,000			Accounts payable	$	232,000
Other assets		760,000			Ferris, loan		43,000
Hardwick, loan		33,000			Hardwick, capital		270,000
					Saunders, capital		170,000
					Ferris, capital		160,000
Total assets	$	875,000			Total liabilities and capital	$	875,000

The partners decide to liquidate the partnership. Forty percent of the other assets are sold for $230,000. Prepare a proposed schedule of liquidation at this point in time. (Amounts to be deducted should be entered with a minus sign.)