Carney, Pierce, Menton, and Hoehn are partners who share profits and losses on a 4:3:2:1 basis, respectively. They are beginning to liquidate the business. At the start of this process, capital balances are Carney, capital Pierce, capital Menton, capital Hoehn, capital $81,000 33,300 64,000 26,300 Which of the following statements is true? Multiple Choice Carney will collect a portion of any available cash before Hoehn receives money. Carney will be the last partner to receive any available cash. The first available $8,300 will go to Hoehn. The first available $11,400 will go to Menton.