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At the time they decided to liquidate their partnership, Whitehead, Ellis and Riley had capital balances of $65,000. S45.000 and (80.000 respectively. Liabilities were $50,000 and the balance sheet showed a note receivable from Ellis in the amount of $30,000. The partners share income in a 5:3:2 ratio. Required Prepare a schedule showing how cash is to be distributed as it becomes available during the liquidation process. Remember to use negative signs with answers that reduce the capital balances. Convert equalization balances back to actual balances