3. The Keaton, Lewis and Meador partnership had the following balance sheet just before entering liquidation: Keaton, Lewis and Meador share profits and losses in a ratio of 2:4:4. Non-cash assets were sold for $180,000. Liquidation expenses were $10,000. Assume that Lewis was personally insolvent and could not contribute any assets to the partnership, while Keaton and Meador were both solvent. What amount of cash would Keaton have received from the distribution of partnership assets? A. $38,000 B. $30,000. C. $24,000 D. $34,000 E. $31,600