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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

image text in transcribed 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, $42,000 Dr.; King, \$149,000 Cr.; and Tanaka, \$114,000 Cr. If Nettles is personally bankrupt and unable to pay any of the $42,000, 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. Amount of Cash Received

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