The Pen, Evan, and Torves Partnership has asked you to assist in winding-up its business affairs. You compile the following information: The partnership’s trial balance on June 30, 20X1, is Debit Credit Cash $ 6,000 Accounts Receivable (net) 22,000 Inventory 14,000 Plant and Equipment (net) 99,000 Accounts Payable $ 17,000 Pen, Capital 55,000 Evan, Capital 45,000 Torves, Capital 24,000 Total $ 141,000 $ 141,000 The partners share profits and losses as follows: Pen, 50 percent; Evan, 30 percent; and Torves, 20 percent. The partners are considering an offer of $100,000 for the firm’s accounts receivable, inventory, and plant and equipment as of June 30. The $100,000 will be paid to creditors and the partners in installments, the number and amounts of which are to be negotiated. Required: Prepare a cash distribution plan as of June 30, 20X1, showing how much cash each partner will receive if the partners accept the offe