Question $10(1$ point$)$

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Partnership Liquidations $($Part $2$ of $3)$

A partnership group has decided to liquidate the business. The ownership group consists of three owners A$.$ B and C whose ownership and profit split is $7$:$5$:$3$ respectively. The balance sheetis as follows:

Cash $$75\mathrm{.}000$

Non$-$cash Assets $$400,000$

Liabilities $$100,000$

A$\text{'}$s$,$ Capital $$150,000$

B$\text{'}$s$,$ Capital $$40,000$

C$\text{'}$s$,$ Capital $$185$:$000$

The non$-$cashassets were sold for $$250,000$

Formart$2$ of this problem, determine what was the final cashamounts baid to c$?$

a$)$ $$155,000$

b$)$ $$$0,000$

c$)$ $$195,000$

d$)$ $$150,000$

e$)$ None of the above