If each partner properly received some cash in the distribution after the second sale, if the cash to be distributed amounts to $12,000 from the third sale, and if unsold assets with an $8,000 book value remain, ignoring questions 3 and 4, the respective partners would receive

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 $ 1.000 $ 4,300 $2,400 b. $ 4,000 $ 4.000 $ 4,000 c. 37/150 65/150 48/150 of of of $12,000 $12,000 $12,000 d. 0 $ 8.000 $ 4.000