D, E & F are partners. According to the articles of the partnership, they agree to share profit and loss in the ratio of 40%. 40% and 20%. The partners have agreed to liquidate. Prior to liquidation, the following balance was available:

Cash $150,000 ; Noncash Assets $400,000 ; Notes Payable to E $24,000 ; D Capital $180,000 ; E Capital $136,000 ; F Capital (Deficit) ($20,000)

Assuming that actual liquidation expenses are $40,000 and that $300,000 of noncash assets are sold for$240,000. The partnership decides to distribute available cash into each partner. Determine how the assets will be safely distributed, assuming further anticipated liquidation expense would total $50,000 on the final stage of liquidation. F had net personal assets of $20,000