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Distribution of Cash Upon Liquidation Bianca Houston, Jana Alsup, and KeKe Cross arranged to import and sell orchid corsages for a university dance. They agreed to share equally the net income or net loss of the venture. Houston and Alsup advanced $630 and $960 of their own respective funds to pay for advertising and other expenses. After collecting for all sales and paying creditors, the partnership has $2,580 in cash. Use the minus sign to indicate any deficiency for the capital accounts. a. How should the money be distributed? Total Alsup Cross Houston Capital balances and cash distributionx xSx x b. Assume that the partnership has only $1,380 instead of $2,580. Do any of the three partners have a capital deficiency? Yes If so, how much? Alsup Houston Cross Total 1,380 Capital balances