A partnership has the following balance sheet prior to liquidation (partners profit and loss ratios are in parentheses):

Cash	$	33,000	Liabilities	$	50,000
Other assets		100,000	Playa, capital (40%)		24,000
			Bahia, capital (30%)		29,000
			Arco, capital (30%)		30,000
Total	$	133,000	Total	$	133,000

During liquidation, other assets are sold for $80,000, liabilities are paid in full, and $15,000 in liquidation expenses are paid. What amount of cash does each partner receive as a result of this liquidation?

Multiple Choice

• Playa, $16,000; Bahia, $23,000; Arco, $24,000.

• Playa, $19,200; Bahia, $14,400; Arco, $14,400.

• Playa, $6,000; Bahia, $4,500; Arco, $4,500.

• Playa, $10,000; Bahia, $18,500; Arco, $19,500.