a-1. Determine the maximum loss that can be absorbed in Step 1. Then, assuming that this loss has been incurred, determine th next maximum loss that can be absorbed in Step 2. a-2. Liquidation expenses are estimated to be \\( \\$ 17,000 \\). Prepare a predistribution schedule to guide the distribution of cash. b. Assume that assets costing \\( \\$ 76,000 \\) are sold for \\( \\$ 61,000 \\). How is the available cash to be divided? Complete this question by entering your answers in the tabs below. Determine the maximum loss that can be absorbed in Step 1. Then, assuming that this loss has been incurred, determine the next maximum loss that can be absorbed in Step 2 . Complete this question by entering your answers in the tabs below. Liquidation expenses are estimated to be \\( \\$ 17,000 \\). Prepare a predistribution schedule to guide the distribution of cash. Complete this question by entering your answers in the tabs below. Assume that assets costing \\( \\$ 76,000 \\) are sold for \\( \\$ 61,000 \\). How is the avallable cash to be divided