Question: please solve quickly and i will give you like On January 1, 20X7, partners Munther, Nabil, and Omar, who share profits and losses in the

please solve quickly and i will give you like

On January 1, 20X7, partners Munther, Nabil, and Omar, who share profits and losses in the ratio of 2:3:5, decided to liquidate their partnership. On this date, its condensed balance sheet was as follows:

ASSETS

LIABILITIES & EQUITY

Cash

$ 50,000

Liabilities

$ 60,000

Other Assets

250,000

Munther, Capital

80,000

Nabil, Capital

90,000

Omar, Capital

70,000

Total

$ 300,000

Total

$ 300,000

On January 15, 20X7, the first cash sale of other assets with a carrying amount of $150,000 realized $120,000. Safe installment payments to the partners were made on the same date. How much cash should be distributed to partner Nabil?

a.

$42,000

b.

$56,000

c.

$46,800

d.

$60,000

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