Nelson, Osman, Peters, and Quincy have decided to terminate their partnership because of recurrent arguments among the partners.

The partnership's balance sheet when they decide to wind up follows:

During the winding$-$up of the partnership, the other assets were sold for $$100,000$ and the accounts payable were paid. Osman and

Peters are personally solvent, but Nelson and Quincy are personally Insolvent.

Required:

Determine the amount of cash each partner will recelve from the final distributions of the partnership for each of the following

independent cases of profit and loss ratios for Nelson, Osman, Peters, and Quincy, respectively.

a$.$ The partners share profits and losses in the ratio of $3$:$3$:$2$:$2.$

b$.$ The partners share profits and losses in the ratlo of $3$:$1$:$3$:$3.$

c$.$ The partners share profits and losses in the ratio of $3$:$1$:$2$:$4.$

Complete this question by entering your answers in the tabs below.

Required B Required C

Determine the amount of cash each partner will receive from the final distributions of the partnership for each of the

following independent cases of profit and loss ratios for Nelson, Osman, Peters, and Quincy, respectively.

a$.$ The partners share profits and losses in the ratio of $3$:$1$:$2$:$4.$

Note: Do not round intermediate calculations. Round your final answers to nearest whole dollar.

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