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57. The partnership of Javier, Karim, and Laurel share profits and losses in the ratio of 5:3:2, respectively. The partners voted to dissolve the partnership

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57. The partnership of Javier, Karim, and Laurel share profits and losses in the ratio of 5:3:2, respectively. The partners voted to dissolve the partnership when its assets, liabilities, and were as follows: Assets Liabilities and Capital Cash P 40,000 Liabilities P 60,0 Other assets 210,000 Javier, capital 48,00 Karim, capital 72,00 Laurel, capital 70,00 Total P250,000 Total P250 The partnership will be liquidated over a prolonged period of time! As cash is available it distributed to the partners. The first sale of non-cash assets having a book value of PI realized P90,000. How much cash should be distributed to each partner after this sale? a. Javier, PO;Karim, P28,800; Laurel, P41,200 b. Javier, Po;Karim, P30,000; Laurel, P40,000 C. Javier, P35,000; Karim, P21,000; Laurel, P14,000 d. Javier, P45,000; Karim, P27,000; Laurel, P18,000 Guerrero

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