View Policies Current Attempt in Progress Prior to the distribution of cash to the partners, the accounts in the Sandhill Company are Cash $34,000; Vogel, Capital (Cr.) $19,600; Utech, Capital (Cr.) $17,600; and Pena, Capital (Dr.) $3,200. The income ratios are 5:3:2, respectively. Sandhill Company decides to liquidate the company. (a) Prepare the entry to record (1) Pena's payment of $3,200 in cash to the partnership and (2) the distribution of cash to the partners with credit balances. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit (1) (2) eTextbook and Media Attempts: 0 of 3 used