Liquidating Partnerships$$Capital Deficiency

Nettles, King, and Tanaka are partners sharing income $3$:$2$:$1.$ After the firm's loss from liquidation is distributed, the capital account balances were as follows: Nettles, $$48,000$ Dr$.$; King, $$178,000$ Cr$.$; and Tanaka, $$132,000$ Cr$.$

If Nettles is personally bankrupt and unable to pay any of the $$48,000,$ what will be the amount of cash received by King and Tanaka upon liquidation? If an amount is zero, enter in $0.$ Use the minus sign to indicate any deficiencies.

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Amount of Cash Received

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Nettles King Tanaka

Capital balances after realization $fill in the blank $1$

$48,000$

$fill in the blank $2$

$178,000$

$fill in the blank $3$

$132,000$

Distribution of partner deficiency fill in the blank $4$

fill in the blank $5$

fill in the blank $6$

Capital balances after deficiency distribution $fill in the blank $7$

$fill in the blank $8$

$fill in the blank $9$