Alvin, Simon and Theodore are partners in the AST Partnership. AST Partnership is winding up its business and terminating. It has $100,000 in cash and no other assets. It has the following liabilities:

It owes $15,000 to National Bank.

It owes $5,000 to First Bank

It owes $20,000 to Theodore for a business loan.

Alvin contributed $10,000 and Simon contributed $20,000 to the partnership (and that was their only capital contributions). Theodore provided labor so he did not have any capital contributions. Finally, Alvin, Simon and Theodore share profits and losses equally.

When the partnership terminates, how much cash will each party (National Bank, First Bank, Alvin, Simon and Theodore) receive?