The partners of LR Company have decided to liquidate their business. Noncash assets were sold for $125,000. The income ratios of the partners Cisneros, Gunselman, and Forren are 3:2:3, respectively. Complete the following schedule of cash payments for LRCompany

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Noncash Cisneros, Gunselman, Forren + Capital Cash AssetsLiabilities Capital Capital 40,000 Item Balances before liquidation 15,000 Sale of noncash assets 90,000 20,000 32,000 13,000 and allocation of gain New balances Pay liabilities New balances Cash distribution to partners Final balances