Carney, Pierce, Menton, and Hoehn are partners who share profits and losses on a 4:3:2:1 basis, respectively. They are beginning to liquidate the business. At the start of this process, capital balances are as follows:

Carney, capital . . . . . . . . . . . . . . . $60,000

Pierce, capital . . . . . . . . . . . . . . . . 27,000

Menton, capital . . . . . . . . . . . . . . 43,000

Hoehn, capital . . . . . . . . . . . . . . . 20,000

Which of the following statements is true?

a. The first available $2,000 will go to Hoehn.

b. Carney will be the last partner to receive any available cash.

c. The first available $3,000 will go to Menton.

d. Carney will collect a portion of any available cash before Hoehn receives money.