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Alex, Bob, and Ciara are partners, sharing income 2:1-2 respectively. After selling all of the assets for cash, dividing gains and losses on realization, and
Alex, Bob, and Ciara are partners, sharing income 2:1-2 respectively. After selling all of the assets for cash, dividing gains and losses on realization, and paying liabilities, the balances in the capital accounts are as follows: Alex, $10,000 Cr, Bob, $10,000 Cr, and Ciara, $30,000 Cr. How much cash should be distributed to Alex? O a $16,667 b. $20,000 Oc$10,000 od $6,000
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