etoo P References Toast, a Belleville, Ontario, restaurant, began with investments by the partners as follows: Lea, $233,700; Eva, $177,700; and Sophia, $192.100. The first year of operations did not go well, and the partners finally decided to liquidate the partnership, sharing all losses equally. On December 31, after all assets were converted to cash and all creditors were paid, only $60,500 in partnership cash remained.