Prior to liquidating their partnership, Jolly and Bain had capital accounts of $18,000 and $68,000, respectively. The partnership assets were sold for $34,000. The partnership had no liabilities. Jolly and Bain share income and losses equally.

Required:

a. Determine the amount of Jolly's deficiency. $

b. Determine the amount distributed to Bain, assuming Jolly is unable to satisfy the deficiency.