On January 1, 20X7, partners Munther, Nabil, and Omar, who share profits and losses in the ratio of 2:3:5, decided to liquidate their partnership. On this date, its condensed balance sheet was as follows:

ASSETS		LIABILITIES & EQUITY
Cash	$ 50,000	Liabilities	$ 60,000
Other Assets	250,000	Munther, Capital	80,000
		Nabil, Capital	90,000
		Omar, Capital	70,000
Total	$ 300,000	Total	$ 300,000

On January 15, 20X7, the first cash sale of other assets with a carrying amount of $150,000 realized $120,000. Safe installment payments to the partners were made on the same date. How much cash should be distributed to partner Nabil?

a.

$42,000

b.

$56,000

c.

$46,800

d.

$60,000