Liquidating Partnerships-Deficiency Prior to liquidating their partnership, Short and Reynell had capital accounts of $12,000 and $48,000, respectively. The partnership assets were sold for $22,000. The partnership had no liabilities. Short and Reynell share income and losses equally. Required: a. Determine the amount of Short's deficiency. $ b. Determine the amount distributed to Reynell, assuming that Short is unable to satisfy the deficiency.