Morris and Pam were in a partnership, but they filed bankruptcy and decided to liquidate. Before liquidation, the book value of all noncash assets totaled $58,000 while the cash assets totaled $12,000. Their income ratio was 3:2, respectively. During step 1, they sold the noncash assets for $49,000. What will happen during step 2?

a- Morris will be credited $5,400 and Pam will be credited $3,600.

b- Morris and Pam will be debited equally, each for 4,500.

c- Morris will be debited $5,400 and Pam will be debited $3,600.

d- Morris will be credited $1,800 and Pam will be credited $1,200.