$2.$ The following balance sheet is for a local partnership in which the partners have become very unhappy with each other.

To avoid more conflict, the partners have decided to cease operations and sell all assets. Using this information, answer the following questions. Each question should be viewed as an independent situation related to the partnerships liquidation.

a$.$ The $ $10,000$ cash that exceeds the partnership liabilities is to be disbursed immediately. If profits and losses are allocated to Adams, Baker, Carvil, and Dobbs on a $2$: $3$: $3$: $2$ basis, respectively, how will the $ $10,000$ be divided?

b$.$ The $ $10,000$ cash that exceeds the partnership liabilities is to be disbursed immediately. If profits and losses are allocated on a $2$: $2$: $3$: $3$ basis, respectively, how will the $ $10,000$ be divided?

Show your work.

Requirement $A$: Since the partnership currently has total capital $of$ $$260,000,$ the $$10,000$ that $is$ available

would indicate maximum potential losses $of$ $$250,000.$

would indicate maximum potential losses of $$250,000.$