Problem 12 The Amos, Billings, and Cleaver partnership had two assets: (1) cash of $40,000 and (2) an investment with a book value of $110,000. The ratio for sharing profits and losses is 2:1:1. The balances in the capital accounts were: Amos, capital: $68,000 Billings, capital: $75,000 Cleaver, capital: $7,000 Required: If the investment was sold for $80,000, how much cash would each partner receive upon liquidation? Prepare a schedule in good form