Liquidating Partnerships-Deficiency Prior to liquidating their partnership, Callie and Reynell had capital accounts of $26,000 and $97,000, respectively. The partnership assets were sold for $47,000. The partnership had no labies Callie and Reynel share income and losses equally Required: a. Determine the amount of Callie's deficiency Determine the amount distributed to Reynell, assuming that Callie is unable to satisfy the deficiency