please show all work and highlight final answer

The Calvin, Hobbes, and Watterson partnership began the process of liquidation with the following balance sheet: Cash 16,000 Liabilities 150,000 Noncash Assets 434,000 Calvin, Capital 80,000 Hobbes, Capital 90,000 Watterson, Capital 130,000 Total 450,000 Total 450,000 Calvin, Hobbes, and Watterson share profits and losses in a ratio of 3:2:5. Liquidation expenses are expected to be $12,000. After the liquidation expenses of $12,000 were paid and the noncash assets sold, Watterson had a deficit of $8,000. For what amount were the noncash assets sold? [7 points] $185,000 $158,000 O $170,000 $146,000 $264,000