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

Bell, capital	$	98,500
Hardy, capital		84,000
Dennard, capital		15,000
Suddath, capital		99,000

Bells creditors have filed a $40,000 claim against the partnerships assets. The partnership currently holds assets of $490,000 and liabilities of $193,500. If the assets can be sold for $285,000, what is the minimum amount that Bells creditors would receive?

Multiple Choice

$6,100

$0

$3,500

$16,500