Partners Cantor and Dickens have capital balances in a partnership of $168000 and $250000, respectively. They agree to share profits and losses as follows: Cantor $40600 Dickens $48700 As salaries As interest on capital at the beginning of the year Remaining profits or losses 10% 10% 50% 50% If income for the year was $190000, what will be the allocation of income to Dickens? $86850 $103150 $83600 $41500 Question 4 of 50 -/1 E 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 $ 47400 Liabilities $150600 Noncash assets 283300 Chenard, Capital 60400 Jennings, Capital 89100 Blair, Capital 30600 Total $330700 Total $330700 If the partnership is liquidated by selling the noncash assets for $194100 and creditors are paid in full, what is the amount of cash that can be safely distributed to each partner? Chenard, 536960: Jennings 553940. Blair, 50 Chenard. 542560: Jerning 562340.B. 514000 Chenard, 531840: Jennings 556740 Blair 50 Chenard, 533340: Jennings 555240: Dar 50 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 $ 48300 Liabilities $157000 Noncash assets 287000 Chenard, Capital 59100 Jennings. Capital 89500 Blair, Capital 29700 Total $335300 Total $335300 If the partnership is liquidated by selling the noncash assets for $371000, and creditors are paid in full, what is the total amount of cash that Chenard will receive in the distribution of cash to partners? $75900 $16800 $116500 $71700