Following is a series of independent cases. In each situation, indicate the cash distribution to be made to partners at the end of the liquidation process. Unless otherwise stated, assume that all solvent partners will reimburse the partnership for their deficit capital balances. Part A The Buarque, Monte, and Vinicius partnership reports the following accounts. Vinicius is personally insolvent and can contribute only an additional $32,000 to the partnership. Cash $153,000 Liabilities 58,000 Monte, loan 66,000 Buarque, capital (50% of profits 26,000 and losses) Monte, capital (258) Vinicius, capital (25%) 41,000 (38,000) (deficit) Part B Drawdy, Langston, and Pearl operate a local accounting firm as a partnership. After working together for several years, they have decided to liquidate the partnership's property. The partners have prepared the following balance sheet: Cash Drawdy, loan Noncash assets $ 43,000 28,000 196,000 Liabilities Langaton, loan $ 49,500 33,000 Drawdy, capital (408) 88,000 Langston, capital (30%) 73,000 Pearl, capital (30%) 23,500 $267,000 capital Total assets Total liabilities and $267,000 The firm sells the noncash assets for $143,000; It will use $38,000 of this amount to pay liquidation expenses. All three of these partners are personally insolvent. Part C Drawdy, Langston, and Pearl operate a local accounting firm as a partnership. After working together for several years, they have decided to liquidate the partnership's property. The partners have prepared the following balance sheet: Cash Drawdy, loan Noncash $ 43,000 Liabilities Langston, loan $ 49,500 28,000 33,000 196,000 Drawdy, capital 88,000 assets Langston, capital 73,000 Pearl, capital 23,500 Total assets $267,000 Total liabilities and $267,000 capital The firm sells the noncash assets for $143,000; It will use $29,000 of this amount to pay liquidation expenses. All three of these partners are personally insolvent. Assume that the profits and losses are split 2:4:4 to Drawdy, Langston, and Pearl, respectively. Part D Following the liquidation of all noncash assets, the partnership of Krups, Lindau, Riedel, and Schnee has the following account balances. Krups is personally insolvent. Liabilities Krups, loan Krups, capital (30% of profits and losses) Lindau, capital (30%) Riedel, capital (20%) Schnee, capital (20%) $ 9,000 29,000 (66,000! deficit (53,000) deficit 38,000 43,000