Problem: Reyes and Miller have a 2:1 ratio allocation for the partnership, which is now being liquidated. The partnership has a building on the books valued at $600,000 that is sold for $750,000. What is the journal entry for the allocation of the gain? Credit: Gain on Disposal $150,000; Debit: Reyes, Capital $100,000, Miller, Capital $50,000 O Debit: Gain on Disposal $150,000; Credi. Reyes, Capital $100,000, Miller, Capital $50,000 Credit: Gain on Disposal $750,000; Debit: Reyes, Capital $500,000, Miller, Capital $250,000 O Debit: Gain on Disposal $750,000; Credit: Reyes, Capital $500,000, Miller, Capital $250,000