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PROBLEM 5 (20 points) The following balance sheet was prepared for ABC Partnership, whose partner's share net income and losses in the ratio of 1:1:2 respectively: Cash Other assets Totals $ 40,000 140,000 $180,000 Liabilities Abe, Capital Ben, Capital Cher, Capital $ 70,000 50,000 50,000 10,000 $180,000 The partners liquidate the partnership. Other assets are sold for $100,000 and liabilities are paid in full. Prepare a worksheet to compute the amount of cash paid to each partner at liquidation assuming that all partners are insolvent. Prepare all journal entries. Show all computations