B. The following statement of nancial position is presented for the partnership of David. Ebro, and Franoo who share prots and losses In the ratio of 5:3:2 respectively: Cash | P some liabilities P 140,000 Other assets | 540,000 oavld, Capital 230,000 | Ebro. Capital 160,000 | Franco, Capital 20,000 Total | P 600,000 Total P 600,000 The partners decide to liquidate the partnership wherein half of the other assets are sold for 2J3 of its book value and the remaining is sold at 1205a