Oliver, Patrick & Quincy LLP, is beginning liquidation. It has no cash, total liabilities of $60,000. including a $10,000 loan payable to Patrick, and equal partners' capital account balances of $40,000. The income-sharing ratio is 5:1:4, respectively. If a portion of the noncash assets with a carrying amount of $ 140,000 realizes $120,000. the cash payment that Patrick receives is: $20.000 $44,000 $53,000 Some other amount The partners of Jensen. Smith & Hart LLP shared net income and losses in the ratio of 5:3:2, respectively. The partners decided to liquidate the partnership when its assets consisted of cash. $40,000, and other assets, $210,000; the liabilities and partners' capital were as follows: Liabilities $60,000 Jensen, capital 48,000 Smith, capital72,000 Hart, capital 70.000 If other assets with a carrying amount of $120,000 realized $90,000, the amount of cash that each partner may receive at that time is