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Need help with this question. A partnership has the following account balances: Cash $70,000; Other Assets, S540,000, Liabilities, $260,000: Nicon (50 percent of profits and

Need help with this question.
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A partnership has the following account balances: Cash $70,000; Other Assets, S540,000, Liabilities, $260,000: Nicon (50 percent of profits and losses). $170,000; Cleveland (30 percent), $110.000; Pierce (20 percent), S70,000. The company liquidates, and $8,000 becomes available to the partners, who gets some of this $8,000 and how much? [3 extra credit pointsli Nixon gets: O A Cleveland A Pierce gets: gets: ^

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