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A partnership has liquidated all assets but still reports the following account balances for its partners: Beck, loan Cisneros, capital (40%) Beck, capital (20%) Sadak,
A partnership has liquidated all assets but still reports the following account balances for its partners: Beck, loan Cisneros, capital (40%) Beck, capital (20%) Sadak, capital (10%) Emerson, capital (20%) Page, capital (10%) $ 6,000 3,600 (13,200) (9,200) 18,000 (7,200) (deficit) (deficit) (deficit) The partners split profits and losses as follows: Cisneros, 40 percent, Beck, 20 percent, Sadak, 10 percent, Emerson, 20 percent, and Page, 10 percent. Sadak contribution Required: Assuming that Cisneros, Beck, and Page are personally Insolvent, how much cash must Sadak now contribute to this partnership? Note: Do not round Intermediate calculations. Round the final answer to nearest dollar amounts.
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