Soledad and Winston are partners who share income in the ratio of 1:3 and have capital balances of $46,600 and $80,000, respectively, at the time they decide to terminate the partnership. After all noncash assets are sold and all liabilities are paid, there is a cash balance of $60,900. What amount of loss on realization should be allocated to Winston? a. $16,425 b. $65,700 c. $32,850 d. $49,275
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