Attempt in Progress Your answer is partially correct. The BCS Partnership is to be liquidated and you have been hired to prepare a Schedule of Cash Payments for the partnership. Partners Brian, Christopher, and Sharon share income and losses in the ratio of 4:3:3, respectively. Assume the following: 1. The noncash assets were sold for $80,000. 2. Liabilities were paid in full. 3. The remaining cash was distributed to the partners. (If any partner has a capital deficiency, assume that the partner is unable to make up the capital deficiency.) Using the above information, complete the Schedule of Cash Payments below: (If an amount reduces the account balance then enter with a negative sign preceding the number e.g. -15,000 or parentheses e.g. (15,000).)

The BCS Partnership is to be liquidated and you have been hired to prepare a Schedule of Cash Payments for the partnership. Partners Brian. Christopher, and Sharon share income and losses in the ratio of 4:3:3, respectively. Assume the following: 1. The noncash assets were sold for $80,000. 2. Liabilities were paid in full. 3. The remaining cash was distributed to the partners. (If any partner has a capital deficiency, assume tist the partner is unable to make up the capital deficiency) Using the above information, complete the Schedule of Cash Payments below: If an amount reduces the occount balance then enter with o negotive sign preceding the number eg- 15,000 or parentheses es (15,000))