Question: thats the only way i could get it from someone check the next question. i posted another one Required Part 1 Under the assumption that

 thats the only way i could get it from someone check
the next question. i posted another one Required Part 1 Under the
thats the only way i could get it from someone
check the next question. i posted another one

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. Machinery Accounts fnet) Payable Jim Lul Capital Kent Dave Montavo, Johnson Capital Capital Cash balances June 30, 2020 Show the sale, the gain or loss allocation, and the distribution of the cash in cach 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 1 of their deficits. d. The machinery is sold for $187.500, and the partners have no assets other than those invested in the business Part 2 Prepare the entry to record the final distribution of dishi assuming back) above

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