Question: Please prepare a statement of liquidation (lump sum method) with a schedule of safe payments. The answer on the SoL must end at the orange

 Please prepare a statement of liquidation (lump sum method) with a

schedule of safe payments. The answer on the SoL must end at

Please prepare a statement of liquidation (lump sum method) with a schedule of safe payments. The answer on the SoL must end at the orange line at the bottom. thank you!

PROBLEM #5 Distribute available cash NON-CASH CASH ASSETS LIABILITIES BARON LOAN Profit and Loss Ratio Balances before liquidation Sale of Assets and Division of loss ALEX, CAPITAL 20% 70,000.00 -46,000.00 BARON, CARL CAPITAL CAPITAL 35% 45% 95,000.00 95,000.00 -80,500.00 -103,500.00 90,000.00 300,000.00 120,000.00 70,000.00 -300,000.00 10,000.00 ALEX, CAPITAL 20% BARON, CAPITAL 35% CARL CAPITA 45% o Capital balances Add Loan balance

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