Liquidating Partnerships-Deficiency Prior to liquidating their partnership, Pepper and Morrison had capital accounts of $27,000 and $96,000, respectively. The partnership assets were sold for $47,000. The partnership had no liabilities. Pepper and Morrison share income and losses equally. Required: a. Determine the amount of Pepper's deficiency. b. Determine the amount distributed to Morrison, assuming that Pepper is unable to satisfy the deficiency