A Trial Balance for the DEF Partnership Just Prior to Liquidation

A trial balance for the DEF partnership just prior to liquidation is given below: $\begin{array}{lrr}&\text { Debit } &\text { Credit }\\ \text { Cash } & \$ 75,000 & \\\text { Noncash Assets } & 750,000 & \\\text { Nonpartner Liabilities } & & \$ 240,000 \\\text { Dugan, Loan } & & 75,000 \\\text { Dugan, Capital } & & 225,000 \\\text { Elston, Capital } & & 153,000 \\\text { Flynn, Capital } & &132,000 \\\quad \text { Totals } & \$ 825,000 & \$ 825,000\end{array}$

The partners share income and loss on the following basis:
Dugan 50%
Elston 30%
Flynn 20%
Required:
Prepare an advance cash distribution plan for the partners.