he following balance sheet is for a local partnership in which the partners have become very unhappy with each other.

Cash$59,000Liabilities$49,000Land225,000Adams, capital148,500Building215,000Baker, capital45,000Carvil, capital98,000Dobbs, capital158,500Total assets$499,000Total liabilities and capital$499,000

To avoid more conflict, the partners have decided to cease operations and sell all assets. Using this information, answer the following questions. Each question should be viewed as anindependentsituation related to the partnership's liquidation.

1. The $10,000 cash that exceeds the partnership liabilities is to be disbursed immediately. If profits and losses are allocated to Adams, Baker, Carvil, and Dobbs on a 2:3:3:2 basis, respectively, how will the $10,000 be divided?