Prior to liquidating their partnership, Stacy and Emma had capital accounts of $70,000 and $110,000, respectively. The partnership assets were sold for $285,000. The partnership had $25,000 of liabilities. Stacy and Emma share income and losses equally. Determine the amount received by Stacy as a final distribution from the liquidation of the partnership. Select one: Oa. $125,000 Ob. $110,000 Oc. $70,000 Od. $150,000 Sam, Kat, and Brian are partners with capital balances of $20,000, $30,000, and $50,000, respectively. They share income and losses in the ratio of 3:2:1. Revenu accounts for the period totaled $350,000. Expense accounts for the period totaled $380,000. The revenue and expense accounts are closed to the capital accour Brian withdraws from the partnership. How much cash should he receive upon withdrawal? Select one: O a. $55,000 O b. $45,000 Oc. $40,000 O d. $50,000