If a partner who retires from a LLP receives an amount of cash less than the partner's capital account balance: Select one:

a. None of the foregoing should take place.

b. "Negative goodwill" should be recognized by the partnership.

c. Bonuses should be allocated to the continuing partners.

d. Identifiable net assets of the partnership should be written down.

On November 10, 2020, Maher, Saher, and Taher, partners of Maher, Saher, & Taher LLP, shared net income and losses in a 4 : 2 : 1 ratio respectively. In liquidation of the LLP, the Capital per unit of income sharing ratio were: $10,000, $12,000, $15,000 respectively. The capital balance of Saher before liquidation was:

a. $37,000.

b. $40,000.

c. $15,000.

d. $24,000.