Ivanhoe Company at December 31 has cash $21,000, noncashassets $103,000, liabilities $52,200, and the following capitalbalances: Floyd $44,200 and DeWitt $27,600. The firm is liquidated,and $112,00 Ivanhoe Comparry at December 31 has cash \( \$ 21,000 \), noncash assets \( \$ 103,000 \), fiabilities \( \$ 52,200 \), and the followirn capital balances Floyd \( \$ 44,200 \) and DeWitt \( \$ 27,600 2 answers