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 $$18,000$ to the partnership.

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:

The firm sells the noncash assets for $$129,000$; it will use $$24,000$ 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:

The firm sells the noncash assets for $$129,000$; it will use $$15,000$ of this amount to pay liquidation expenses

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 $ $9,000$

Krups, loan $15,000$

Krups, capital $(30\%$ of profits and losses$)(38,000)$ deficit

Lindau, capital $(30\%)(39,000)$ deficit

Riedel, capital $(20\%)24,000$

Schnee, capital $(20\%)29,000$