After several years of business, Abel, Barney and Cole are liquidating.

the following are post-closing account balances.

Cash 18,000

inventory 73,000

other assets 157,000

Accounts payable 61,000

Abel, capital 50,000

Barney, capital 50,000

Non-cash assets are sold for $275,000. Profits and losses are shared equally.

After all liabilities are paid, divide the remaining cash amongst the partners.