The partnership of Butler, Osman, and Ward was formed several years as a local tax preparation firm. Two partners have reached retirement age and the partners have decided to terminate operations and liquidate the business. Liquidation expenses of $43,000 are expected. The partnership balance sheet at the start of liquidation is as follows:

Cash$39,000Liabilities$179,000Accounts receivable69,000Butler, loan39,000Office equipment (net)59,000Butler, capital (25%)95,000Building (net)155,000Osman, capital (25%)39,000Land145,000Ward, capital (50%)115,000Total assets$467,000Total liabilities and capital$467,000

how do i prepare a predistribution plan for this partnership.