A local partnership has assets of cash of $30,000 and land recorded at $700,000. All liabilities have been paid and the partners are all personally insolvent. The partners capital accounts are as follows Roberts, $500,000, Ferry, $300,000 and Mones, $30,000. The partners share profits and losses 5:3:2.

If the land is sold for $450,000, what amount will Roberts receive in the final settlement?

Multiple Choice

a. $0.

b. $30,000.

c. $217,500.

d. $362,500.

e. $502,500.