After closing the accounts on July 1, prior to liquidating the partnership, the capital account balances of Gold, Porter, and Sims are $29,700, $42,300, and $18,900, respectively Cash, noncash assets, and liabilities total $47,400, $78,300, and $34,800, respectively Between July 1 and July 29, the noncash assets are sold for $62,700, the liabilities are paid, and the remaining cash is distributed to the partners The partners share net income and loss in the ratio of 3:2:1.

Prepare a statement of partnership liquidation for the period July 1–29, 2010.