After Several Years of Business,Abel,Barney,and Cole Are Liquidating Non-Cash Assets Are Sold for $275,000

After several years of business,Abel,Barney,and Cole are liquidating.The following are post-closing account balances.
$\begin{array} { l l } \text { Cash } & 18,000 \\\text { Inventory } & 73,000 \\\text { other assets } & 157,000 \\\text { Accounts Payable } &&61,000 \\\text { Abel, Capital } &&50,000 \\\text { Earney, Capital } &&50,000 \\\text { Cole, Capital } &&87,000\end{array}$ Non-cash assets are sold for $275,000.Profits and losses are shared equally.
Record the sale of the noncash items.