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Distribution of Cash Upon Liquidation David Oliver and Umar Ansari, with capital balances of $28,000 and $35,000, respectively, dedde to liquidate their partnership. After selling

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Distribution of Cash Upon Liquidation David Oliver and Umar Ansari, with capital balances of $28,000 and $35,000, respectively, dedde to liquidate their partnership. After selling the noncash assets and paying the liabilities, there is $67,000 of cash remaining. If the partners share income and losses equally, how should the cash be distributed? If an amount is zero, enter in "0". Ansari Total Oliver and Ansari Distribution of Cash Oliver Capital balances before realization Division of gain on realization Capital balances after realization Cash distributed to partners 0 Final balances Previous Next 4K ENG 113 30/1 o il 2

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