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Multiple Choice Question 118 In liquidation, balances prior to the distribution of cash to the partners are: Cash $204300; Paley, Capital $112900; Stengel, Capital $104000,

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Multiple Choice Question 118 In liquidation, balances prior to the distribution of cash to the partners are: Cash $204300; Paley, Capital $112900; Stengel, Capital $104000, and King, Capital $12600 deficiency. The income ratio is 6:2:2, respectively. How much cash should be distributed to Stengel if King does not pay his deficiency? $97700 $94550 $100850 $104000

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