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The partnership of Ramos, Rios, Safar, and Wong is being liquidated. It currently holds cash...

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Accounting

The partnership of Ramos, Rios, Safar, and Wong is being liquidated. It currently holds cash of $21,200 but no other assets. Liabilities amount to $32,500. The capital balances are
Ramos (40% of profits and losses) $ 38,700
Rios (30%)27,000
Safar (10%)(36,000)(deficit)
Wong (20%)(41,000)(deficit)
Required:
a. If both Safar and Wong are personally insolvent, how much money must Rios contribute to the partnership?
b-1. If only Wong is personally insolvent, how much money must Safar contribute to the partnership?
b-2. If only Wong is personally insolvent, how will Safar's contribution (funds) be distributed?
c. If only Safar is personally insolvent, how much money should Ramos receive from the liquidation?

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