E) $21,667 to Henry and $3,333 to Jacobs.

The Henry, Isaac, and Jacobs partnership was about to enter liquidation with the following account balances: Cash Noncash assets $ 90,000 300,000 Liabilities Henry, capital Isaac, capital Jacobs, capital Total $ 60,000 80,000 110,000 140,000 $390,000 Total $390,000 Estimated expenses of liquidation were $5,000. Henry, Isaac, and Jacobs shared profits and losses in a ratio of 2:4:4. Before liquidating any assets, the partners determined the amount of cash available for safe payments. How should the amount of safe cash payments be distributed? Multiple Choice In a ratio of 2:4:4 among all the partners. $18,333 to Henry and $16,667 to Jacobs. In a ratio of 1:2 between Henry and Jacobs. $15,000 to Henry and $10,000 to Jacobs