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Hag question Primo and Quadros are partners who share income in a 1:3 ratio and have capital balances of $60,000 and $180,000 respectively. Book

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Hag question Primo and Quadros are partners who share income in a 1:3 ratio and have capital balances of $60,000 and $180,000 respectively. Book value of total assets is $500 liabilities total $260,000. Sale of all assets results in total available cash of $350,000. The amount to be distributed to Primo upon liquidation is: Select one: a. $22,500 b. $60,000 c. $87,500 d. $10,000

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