IF CASH PRIORITY PROGRAM IS PREPARED, WHAT IS THE TOTAL PAYMENTS TO THE PARTNER THAT IS PAID FIRST BEFORE ALL PARTNERS WILL SHARE ON THE AVAILABLE CASH BASED ON THEIR PROFIT AND LOSS RATIO.

Partners A, B and C decided to liquidate their partnership. A summary of the partnership's statement of financial position is shown below: Cash 50,000 Noncash assets 1,200,000 Total 1,250,000 Accounts payable 100,000 Payable to A 50,000 A, Capital (50%) 540,000 B, Capital (30%%) 360,000 C, Capital (20%) 200,000 Total 1, 250,000 If a cash priority program is prepared, which partner is paid first and how much is the total payments to that partner before all partners will share on the available cash based on their profit and loss ratios