2. The following balance sheet is for a local partnership in which the partners have become very unhappy with each other. 30,000 80,000 30,000 60,000 Dobbs, Capital90,000 Cap 290,000 Cash Land Building 40,000 Liabilities 130,000Adams, Capital 120,000Baker, Capital Carvil, Capital Total Assets 290,000 Total Liab & 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 a2:3:3: 2 basis, respectively, how will the S 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 S 10,000 be divided? Show your work