Question: Able, Buss, and Cane form a partnership. Able contributes $20,000 in capital and loans the firm $4000. Buss contributes $15,000 in capital. Cane contributes $5000

Able, Buss, and Cane form a partnership. Able contributes $20,000 in capital and loans the firm $4000. Buss contributes $15,000 in capital. Cane contributes $5000 in capital and allows the firm to charge $5000 worth of supplies at his (Canes) hardware store. Later, the partners agree to dissolve. After liquidating their assets, the firm has $50,000 in cash and $22,000 owed to outside creditors. After paying all the liabilities, how will the remaining cash be divided?

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