1 Required information The following information applies to the questions displayed below) Turner, Roth, and Lowe are partners who share income and loss in a 14.5 ratio in percents. Turner, 10% Roth, 40% and Lowe. 50%). The partners decide to liquidate the partnership. Immediately before liquidation, the partnership balance sheet shows total assets, $174.000, total liabilities, $118.000, Turner, Capital, $6.500: Roth, Capital, $16,000, and Lowe, Capital, $33,500. The liquidation resulted in a loss of $104,000 10 BOOM Required: a. Allocate the loss to the partners b. Determine how much each partner should contribute to the partnership to cover any remaining capital deficiency Complete this question by entering your answers in the tabs below. Required A Required Allocate the loss to the partners. (Loses and deficits should be indicated win a minus sign) Low Total 56.000 Roth 5 16000 Tuner 6.500 $ 33.500 $ Initial capital balances Acabion of garso) Capital balances ar gains fosses) M 13 Next > Required information [The following information applies to the questions displayed below) Turner, Roth, and Lowe are partners who share income and loss in a 1:4.5 ratio (in percents: Turner, 10%; Roth, 40%, and Lowe, 50%). The partners decide to liquidate the partnership, Immediately before liquidation, the partnership balance sheet shows total assets, $174,000, total liabilities, $118,000, Turner Capital, $6,500Roth, Capital, $16,000; and Lowe, Capital, $33,500. The liquidation resulted in a loss of $104.000 nes Required: a. Allocate the loss to the partners b. Determine how much each partner should contribute to the partnership to cover any remaining capital deficiency Complete this question by entering your answers in the tabs below. Required A Required Lowe Total Determine how much each partner should contribute to the partnership to cover any remaining capital deficiency Roth Tumer Capital balance deficiency M