1,

Kimberly and Cynthia have partnership capital account balances of $180000 and $140000 respectively and share profits and losses equally. Brenda is admitted to the partnership by investing $76000 for a one-fourth ownership interest. The balance of Cynthia's capital account after Brenda is admitted is

$185750.

$157000.

$128500.

$151500.

2,

The partners' profit and loss sharing ratio is 2:3:5, respectively.

C, S, AND B PARTNERSHIP Balance Sheet December 31, 2021
Assets			Liabilities and Partners' Equity
Cash	$34000		Liabilities		$40400
Equipment	93900		C, Capital		29800
Accum.dep.equipment	(16000)		S, Capital		25600
			B, Capital		16100
Total	$111900		Total		$111900

If the C, S, and B Partnership is liquidated by selling the equipment for $46000 and creditors are paid in full, what is the amount of cash that can be safely distributed to each partner?

C, $8080; S, $12120; B, $20200

C, $9200; S, $13800; B, $23000

C, $29800; S, $25600; B, $16100

C, $23420; S, $16030; B, $150