As of January 1, 2011, the partnership of Canton, Yulls, and Garr had the following account balances and percentages for the sharing of profits and losses: Cash 80,000

noncash assets 205,000

liabilities 47,000

canton, capital (30%) 138,000

Yulls, capital (40%) 119,500

Garr, capital (30%) -19,500

The partnership incurred losses in recent years and decided to liquidate. The liquidation expenses were expected to be $10,000. How much of the existing cash balance could be distributed safely to partners at this time?

Please show work