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Partners Ron and Sandra have $3,000 capital balances and share income and losses in a 2:1 ratio for Ron and Sandra, respectively. Cash equals $1,000,

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Partners Ron and Sandra have $3,000 capital balances and share income and losses in a 2:1 ratio for Ron and Sandra, respectively. Cash equals $1,000, noncash assets are $10,000, and liabilities are $5,000. If all the noncash assets are sold for $5,500, and each partner agrees to make up any capital deficits with personal cash contributions, Sandra eventually will receive cash of: $0. $1,000 $1,500 $2,000

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