W, X, Y, & Z were partners who shared profits and losses on a 5:3:1:1 basis, respectively. They were beginning to liquidate their business. The partnership had the following balance sheet amounts: CASH $52,000 LIABILITIES $66,000 OTHER ASSETS $315,000 w Capital $82,000 X Capital 105,000 Y Capital 62,000 z Capital 52,000 The partnership anticipated liquidation expenses of $37,000. Required: 1. Prepare a predistribution plan 2. Assuming $207,000 of cash was available, how much cash would go to each partner? 3. The partnership had cash of $52,000, how much cash must the partnership sell the other assets for in order to ensure that partner Z will get $27,000