eflook Show Me How Uquitating Partnerships-Deficiency Prior to liquidating their partnership, Jacobs and Sanchez had capital accounts of $320,000 and $424,000, respectively. The partnership assets were sold to $52,000. The partners had no labities. Jacobs and Sancher share income and losses equally Required: a. Determine the amount of Jacobs's deficiency. b. Determine the amount distributed to Sanchez, assuming that Jacobs is unable to satisfy the deficiency. Com