3. As of January 1, 2018, the partnership of Canton, Yulls, and Garr had the following account balances and percentages for the sharing of profits and losses: Cash $ 80,000 Noncash assets 205,000 Liabilities 47,000 Canton, capital (30%) 138,000 Yulls, capital (40%) 119,500 Garr, capital (30%) (19,500) The partnership incurred losses in recent years and decided to liquidate. The liquidation expenses were expected to be $10,000.

1-what will be garr's share in loss of sale of assets?

2-capital balance of yulls after deducting loss on sale of asset and liquidation expenses?

3. what will canton's share of the liquidation expenses be?

4. how much of the existing cash balances could be distributed safely at this time?

5. how much cash should canton receive at this time pursuant to a proposed schedule of liquidation?