A, B, C, and D have inherited a house. Their valuations of the house are as follows: house $400,000 $360,000 $340,000 $320,000 (a) Propose a fair compensation arrangement in which C receives the ownership of the house. (In the table below, the 1 in the house row and C column indicates that C received the house. A zero in the house row and A column indicates that A did not receive the house. To find a "fair" arrangement, you need to fill in cash amounts for how much each person receives. Enter a negative amount if the person has to pay.) A D Items received house No items No items No items Cash (b) Now propose a fair compensation arrangement in which A receives the ownership of the house. D No items Items received No items house No items Cash (c) Now propose two different envy-free compensation arrangements. Items received Creceives no items A receives no items D receives no items Breceives no items cash Items C receives no items A receives no items - D receives no items B receives no items received cash A, B, C, and D have inherited a house. Their valuations of the house are as follows: house $400,000 $360,000 $340,000 $320,000 (a) Propose a fair compensation arrangement in which C receives the ownership of the house. (In the table below, the 1 in the house row and C column indicates that C received the house. A zero in the house row and A column indicates that A did not receive the house. To find a "fair" arrangement, you need to fill in cash amounts for how much each person receives. Enter a negative amount if the person has to pay.) A D Items received house No items No items No items Cash (b) Now propose a fair compensation arrangement in which A receives the ownership of the house. D No items Items received No items house No items Cash (c) Now propose two different envy-free compensation arrangements. Items received Creceives no items A receives no items D receives no items Breceives no items cash Items C receives no items A receives no items - D receives no items B receives no items received cash