If the firm, as shown on the balance sheet, is dissolved and liquidated by selling assets in installments and if the first sale of noncash assets having a book value of $90,000 realizes $50,000 and all cash available after settlement with creditors is distributed, the respective partners would receive (to the nearest dollar)

The balance sheet for the Art, Blythe, and Cooper Partnership is as follows. Figures shown parenthetically reflect agreed-upon profit and loss–sharing percentages.

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Art Blythe Cooper $ 8.000 $ 8,000 $ 4,000 b. 6,667 6.667 6,666 0 13,333 6,667 d. 3.000 17,000