iOUncements (1 Unread) CALCULATOR PRINTER VERSION BACK Multiple Choice Question 115 NEX In liquidation, balances prior to the distribution of cash to the partners are: Cash $900,000; Peterson, Capital $420,000; income ratio is 6:2:2, respectively. How much cash should be distributed to Peterson? Laney, Capital $390,00 0, and Howell, Capital $90,000. The $375,000 $450,000 $420,000 $408,750 Open Show Work Click if you would like to Show Work for this