Problem 15-6 (Algo) (LO 15-4) A partnership is considering possible liquidation because one of the partners (Bell) is personally insolvent. Profits and losses are divided on a 4:3:2:1 basis, respectively. Capital balances at the current time are Bell, capital $ 78,500 Hardy, capital 67,000 Dennard, capital 18,000 Suddath, capital 91,000 Bells creditors have filed a $32,000 claim against the partnerships assets. The partnership currently holds assets of $410,000 and liabilities of $155,500. An independent appraiser indicates that the assets can be sold for $245,000. Required: Prepare a statement of partnership liquidation to determine the amount of cash that Bell would receive from the sale of partnership assets. Note: Amounts to be deducted should be entered with a minus sign.