The three partners of Hawkdale Contractors agree to liquidate their partnership on August 8th, 2021. At that point, the accounting records show the following balances: Cash $142,600 Inventory 402,900 Bank Loan Payable 113,000 H. Brumby, Capital 227,900 R. Criolio, Capital 179,900 A. Paso, Capital 24,700 The three partners share profit and loss equally. Required: 1. 1. Journalize the liquidation of the partnership on August 8 under the assumption that the inventory sold for $434,000 cash, the bank loan is paid, and the remaining cash is allocated to the partners. Journalize the liquidation of the partnership on August 8 under the assumption that the inventory sold for $318,000 cash, the bank loan is paid, and the remaining cash is allocated to the partners. Assume that any partners with a debit capital balance are unable to pay the amounts owed to the partnership. Journalize the reallocation of the deficiency and the final distribution of cash to the remaining partners.