The partners of the Wisin, Yandel and Don partnership share profits and losses in the ratio of 40:25:35, respectively. The partners have decided to liquidate and terminate the partnership at December 1 until 31, 2021. Prior to liquidation, the partnership balance sheet was as follows: Cash $ 20,000 Liabilities $ 120,000 Inventory 100,000 Wisin, capital 60,000 Fixed assets - net 60,000 Yandel, capital 80,000 Goodwill 100.000 Don, capital 20.000 Total assets $ 280.000 Total equity $ 280,000 Required Prepare a schedule of liquidation, given that the partnership sold the inventory for $55,000 and the fixed assets for $200,000 and write-off Goodwill, and paid liabilities and then, distribution any cash remainder into partners