ABA partnership has assets of cash of $50,000 and a building worth $800,000. All liabilities have been paid and the partners are all insolvent. The partner's capital accounts are as follows Harry $400,000, Landers $300,000, and Waters 150,000. The partners share profits and losses 4:4:2. If the building is sold for $500,000, a. How much cash will the partners receive in the final settlement? b. Journal Entries for Selling of Assets, Payment of Liabilities, and Settlement of Capital