Dancey, Reese, Newman, and Jahn were partners who shared profits and losses on a 4:2:2:2 basis, respectively. They were beginning to liquidate their business. At the start of the process, capital balances were as follows:

Dancey, capital		$75,000
Reese, capital		$32,000
Newman, capital		$52,000
Jahn, capital		$25,000

In a predistribution plan, which partner would get the first available cash and how much would that cash be?

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