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

During liquidation, other assets are sold for $80,000, liabilities are paid in full, and $15,000 in liquidation expenses are paid. Based on the final statement of partnership liquidation, what amount of cash does each partner receive as a result of this liquidation?

Cash Other assets $ 33,000 100,000 Liabilities Playa, capital (40%) Bahia, capital (30%) Arco, capital (30%) Total $ 50,000 24,000 29,000 30,000 $ 133,000 Total $ 133,000 Multiple Choice O $; , Playa, $16,000; Bahia, $23,000; Arco, $24,000 0 Playa, $6,000; Bahia, $4,500; Arco, $4,500 O Playa, $10,000; Bahia, $18,500; Arco, $19,500 0 Playa, $19,200; Bahia, $14,400; Arco, $14,400