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Assets Cash Noncash assets Balance Sheet December 31, 2020 Liabilities and Owners' Equity $ 47400 Liabilities $150600 283300 Chenard, Capital 60400 Jennings. Capital 89100 Blair,

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Assets Cash Noncash assets Balance Sheet December 31, 2020 Liabilities and Owners' Equity $ 47400 Liabilities $150600 283300 Chenard, Capital 60400 Jennings. Capital 89100 Blair, Capital 30600 $330700 Total $330700 Total If the partnership is liquidated by selling the noncash assets for $194100 and creditors are paid in full, what is the amount of cash that can be safely distributed to each partner? Chenard, $36960; Jennings. 553940: Blair. $0. Chenard, 942560; Jennings $62340; Blair, 514000 Chenard. 531840: Jennings, $56740: Blair, $0. Chenard, 533340: Jennings. $55240 Bair

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