The partnership at December 31,2017 has cash $15,000, Liabilities $60,000, and the following capital balances: Ha The Partnership is liquidated, and $90,000 in cash is rece assets. Hob and Bob Income ratios are 600% and 4090, respectively Instructions (a) Prepare liquidation statements. (b) Prepare the entries to record the following, (1) The sale of noncash assets. (2) Payment of creditors (3) Distribution of cash to the partners.