732 Chapter 15 LO 15-5 18. The balance sheet for the Delphine, Xavier, and Olivier partnership follows: Cash ...... Noncash assets.. $ 60,000 100,000 Liabilities.... Delphine, capital Xavier, capital Total assets Olivier, capital $160,000 Total liabilities and capital.. $ 40,000 60,000 40,000 20,000 $160,000 Delphine, Xavier, and Olivier share profits and losses in the ratio of 4:4:2, respectively. The part- ners have agreed to terminate the business and estimate that $12,000 in liquidation expenses will be incurred. a. What is the amount of cash that safely can be paid to partners prior to liquidation of noncash assets? b. Calculate the amount of safe payment that can be made to each partner prior to liquidation of noncash assets.