Question: I need help with this problem please the question in the other photos I provided already. i took a retake of the top of the

$79,000 25,000 141.000 100,000 62,000 The partnership of Wingler, Norris Hodgers and Guthrie was formed several years ago asa architectural firm. Several partners recently had personal financial problems and decided to terminate operations and liquidate the business. The following balance sheet summarizec its financial information on January 5 at the beginning of this process Cash $17,000 Liabilities Accounts Receivable 80.000 Radkers Loan Inventory 100,000 Wingles, Capital Land 57.000 Norris Capital Bolding and Equipment inet) 19.000 Rodgers Capital Total Assets 447 000 Guthrie, Capital Total Liabilities and Capital The estimated liquidation expenses were Profit and low allocation ratio according to the provisions of partnership agreement: Wingler 40N Norris 20W Rodgers 10% Guthie BOX 447,000 18.000 The following transactions occurred during the liquidation: Jan. 14 Collected 70% of the total accounts receivabe with the red sed to be uncollectible 70% Feb. 23 Sold the land, building and equipment for 180,000 Mar. 1 Made safe capital distributions Mar 29 Learned that Guthrie became personally insolvent Apr. 3 Pald all ablities Aun. 30 Soldo inventory for 55.000 AL 1 Made safe capital distribution in Sep 26 Paid liquidation expenses Nov. 4 Made final cash distrubtions to the partners based on the assumption that all partners except Guthrie are personally solvent 15.000 The accountant made safe capital distribution on March 1. How much cash did Norris receive from this distribution? $50,284 O $0 $42,714 $50,857 Land $79,000 25,000 141,000 100,000 62.000 40.000 447,000 The partnership of Wingler, Norris Rodgers, and Guthrie was formed several years ago as a architectural firm. Several partners recently had personal financial problems and decided to terminate operations and liquidate the business. The following balance sheet summarizec its financial information on January 5 at the beginning of this process: Cash $17,000 Liabilities Accounts Receivable 80,000 Rodgers Loan Inventory 100,000 Wingler, Capital 57.000 Norris, Capital Building and Equipment (net) 193.000 Rodgers Capital Total Assets 447,000 Guthrie, Capital The estimated liquidation expenses were Total Liabilities and Capital 18,000 Profit and loss allocation ratio according to the provisions of partnership agreement: Wingler 40% Norris 20% Rodgers 10% Guthrie 30% The following transactions occurred during the liquidation: Jan. 14 Collected 70% of the total accounts receivalbe with the rest judged to be uncollectible 70% Feb. 23 Sold the land, building and equipment for 180,000 Mar. 1 Made safe capital distributions Mar.29 Learned that Guthrie became personally insolvent Apr. 3 Paid all liabilities Jun 30 Sold all inventory for 55,000 Jul. 1 Made safe capital distributions again Sep. 26 Paid liquidation expenses 15,000 Nov. 4 Made final cash distrubtions to the partners based on the assumption that all partners except Guthrie are personally solvent
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