Assets Liabilities and Capital Cash $ 55,000 Liabilities $ 46,500 Adams, Loan 13,000 Adams, Capital 71,500 Other Assets 230,000 Peters, Capital 97,500 Blake, Capital 82,500 Total Assets $ 298,000 Total Liabilities and Equities $ 298,000 Liquidation expenses are expected to be negligible. No interest accrues on loans with partners after termination of the business. During the liquidation process for the APB Partnership, the following events occurred During the first month of liquidation, noncash assets with a book value of $92,500 were sold for $71,000, and $25,500 of the liabilities were paid. During the second month, the remaining noncash assets were sold for $77,200. The loan receivable from Adams was collected, and the rest of the creditors were paid. Cash is distributed to partners at the end of each month. 

Required: 

Prepare a statement of partnership realization and liquidation with a schedule of safe payments to partners for the liquidation period.