Prior to liquidating their partnership, Underwood and Morrison had capital accounts of $16,000 and $57,000, respectively. The partnership assets were sold for $27,000. The partnership had no liabilities. Underwood and Morrison share income and losses equally.

Required:

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

b. Determine the amount distributed to Morrison, assuming that Underwood is unable to satisfy the deficiency.

$