Help Save & Exit Submit Chapter 12 Quiz (Part 10 3 OS 16 Required information The following information applies to the questions displayed below) The Field, Brown & Snow are partners and share income and losses equality. The partner decide to liquidate the partnership when their capital balances are as follows: Field. $130,900: Brown. $166,000, and Snow, 5155,500. On May 31, the liquidation resulted in a loss of $405,900. Part To 1. Compute the capital account balance of each partner after the loss from liquidation is allocated. (Losses and negative capital balances, if any, should be entered with a minus sign.) Field Brown Snow Total Initiat investments Loss allocation Capital balance SI 37