A local partnership is considering possible liquidation because one of the partners (Bell) is insolvent. Capital balances at the current time are as follows. Profits and losses are divided on a 4:3:2:1 basis, respectively.

Bell, capital	$	76,000
Hardy, capital		66,000
Dennard, capital		10,000
Suddath, capital		90,000

Bells creditors have filed a $31,000 claim against the partnerships assets. The partnership currently holds assets reported at $400,000 and liabilities of $200,000. If the assets can be sold for $240,000, what is the minimum amount that Bells creditors would receive?

$12,000.

$1,000.

$3,200.

$0.