WGJ Partnership decides to liquidate. The partnership agreement provides for profit/(loss) to be allocated on a 20:50:30 basis. Below is the trial balance amount immediately prior to the start of the liquidation.

DEBITS CREDITS Cash $127,000 Noncash Assets $191,000 Liabilities to Outside Creditors $61,000 Partner Loan from Partner Grace $13,000 Partner Loan from Partner Jack $49,000 Will, Capital Grace, Capital Jack, Capital $94,000 $27,000 $74,000 $318,000 $318,000