Question $9(1$ point$)$

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Partnership Liquidations $($Part$1$ of $3)$

A partnership group has decided to liquidate the business. The$-$ownershipgroup

consists of three owners A$,$ B$,$ and C whose ownershipand$-$profit split is $7$:$5$:$3$

respectively. The balance sheet is as follows:

Cash $$75,000$

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\mathrm{.}000$

The non$-$cash assets were sold for $$250,000.$

For part $13$ of this problem, determine what was the final cash amounts paid to A$?$

a$)$ $$150,000$

b$)$ $$555,000$

b$.)$ $$15,000$

$($d$)$ $$90,000$

e$)$ None of the above

Question $10(1)$ point t saved

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