The partnership of Winn, Xie, Yang, and Zed has the following balance sheet:

Cash $ $52,000$ Liabilities $ $66,000$

Other assets $315,000$ Winn, capital $(50\%$ of profits and losses$)82,000$

Xie, capital $(30\%)105,000$

Yang, capital $(10\%)62,000$

Zed, capital $(10\%)52,000$

Zed is personally insolvent, and one of Zed's creditors is considering suing the partnership for the $$3,000$ that is currently owed. The creditor realizes that this litigation could result in partnership liquidation and does not wish to force such an extreme action unless Zed is reasonably sure of obtaining at least $$3,000$ from the liquidation.

Required:

a$.$ Prepare a predistribution plan to determine the amount for which the partnership must sell the other assets to ensure that Zed receives $$3,000$ from the liquidation. Liquidation expenses are expected to be $$37,000.$

b$.$ For how much must the partnership sell the other assets to ensure that Zed receives $$3,000$ from the liquidation?