The balance sheet of the Maude, Ned, and Oscar partnership on November 1, 2014 (before commencement of partnership liquidation) was as follows:

Cash $ 12,000

Georgia, capital (40%) $ 36,000

Holly, capital (30%) 6,000

Festus, capital (50%) 31,000

Total assets $ 90,000

Total liab./equity $ 90,000

Cash $ 70,000

Accounts payable $ 42,000

Inventory 60,000

Notes payable 68,000

Loan to Maude 10,000

Maude, capital (20%) 30,000

Loan to Oscar 18,000

Ned, capital (20%) 32,000

Plant assets-net 80,000

Oscar, capital (60%) 66,000

Total assets $ 238,000

Total liab./equity $ 238,000

Liquidation events in November were as follows: -

All the inventory was sold for $10,000 above book value; -

Plant assets with a book value of $60,000 were sold for $34,000.

Required;

Determine how the available cash on November 31, 2014 should be distributed