The partnership of Frick, Wilson, and Clarke has elected to cease all operations and liquidate its business property. A balance sheet drawn up at this time shows the following account balances: 44,000 61,000 Liabilities Cash 213,000 Frick, capital (60%) Noncash assets 123,000 Wilson, capital (20%) 34,000 Clarke, capital (20 73,000 $274,000 Total liabilities and capital $274,000 Total assets Part A Prepare a predistribution plan for this partnership Frick, Wilson, Clarke, Capital Capital Capital Beginning balances Loss 0 0 0 Step one balances Loss 0 0 0 Step two balances Loss Step three balances