Alex and Bess have been in partnership for many years. The partners, who share profits and losses on a $60$:$40$ basis, respectively, wish to retire and have agreed to liquidate the business. Liquidation expenses are estimated to be $$5,500.$ At the date the partnership ceases operations, the balance sheet is as follows:

$\backslash$table$[[$Cash$,$$$51,000,$Liabilities,$$40,500$