The partnership of Bauer, Ohtani, and Souza has elected to cease all operations and liquidate its business property. A balance sheet drawn up at this time shows the following account balances:

Cash $ $64,000$ Liabilities $ $44,000$

Noncash assets $225,000$ Bauer, capital $(60\%)132,000$

Ohtani, capital $(20\%)36,000$

Souza, capital $(20\%)77,000$

Total assets $ $289,000$ Total liabilities and capital $ $289,000$

Required:

Part A

Prepare a predistribution plan for this partnership.