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\#5. Installment liquidation. Below are the partnership balances on the day the partners decided to liquidate. Partners share profits and losses 2:1:1, and all are personally insolvent. In the first month, 1/2 the inventory is sold for 20,000 and property worth 50,000 is sold for $48,000. Expenses of $2,000 are paid, and creditors are repaid. Cash of $8,000 is retained. In the second month, the remaining inventory is sold for $22,000 and property worth $20,000 is sold for $10,000. Cash of $6,000 is retained. In the last month, the remaining property is sold for $10,000, the A/R is written off and expenses of $3,000 are paid. The remaining cash is distributed. Please create a schedule showing each month's distributions accounting for safepayments. \#5. Installment liquidation. Below are the partnership balances on the day the partners decided to liquidate. Partners share profits and losses 2:1:1, and all are personally insolvent. In the first month, 1/2 the inventory is sold for 20,000 and property worth 50,000 is sold for $48,000. Expenses of $2,000 are paid, and creditors are repaid. Cash of $8,000 is retained. In the second month, the remaining inventory is sold for $22,000 and property worth $20,000 is sold for $10,000. Cash of $6,000 is retained. In the last month, the remaining property is sold for $10,000, the A/R is written off and expenses of $3,000 are paid. The remaining cash is distributed. Please create a schedule showing each month's distributions accounting for safepayments