Multiple Choice Question 103 Chenard, Jennings, and Blair share profits and losses is 2:3:5, respectively. The balance sheet is: CHENARD, JENNINGS, AND BLAIR PARTNERSHIP Balance Sheet December 31, 2020 Assets Liabilities and Owners' Equity Cash $ 49600 Liabilities $151000 Noncash assets 282900 Chenard, Capital 60400 Jennings, Capital 90200 Blair, Capital 30900 Total $332500 Total $332500 If the partnership is liquidated by selling the noncash assets for $194700 and creditors are paid in full, what is the amount of cash that can be safely distributed to each partner Chenard, $37480: Jennings, $55820; Blair, $o. Chenard, $42760; Jennings, $63740; Blair, $13200 Chenard, 532340; Jennings, $56960: Blair, $o. Chenard, $30840, Jennings, $58460; Blair, $0. Click if you would like to Show Work for this question: Qen Show Work