only do part 1 c please:)

Required Part 1 Under the assumption that the machinery is sold and the cash is distributed to the proper parties on June 30 , 2020 , complete the schedule provided below. Show the sale, the gain or loss allocation, and the distribution of the cash in each of the following unrelated cases: a. The machinery is sold for $488,130. b. The machinery is sold for $375,000. c. The machinery is sold for $212,500, and any partners with resulting deficits can and do pay in the amount of their deficits