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Problem 15-18 (Static) (LO 15-5) The balance sheet for the Delphine, Xavier, and Olivier partnership follows: Cash $ 60,000 Liabilities Noncash assets 100,000 Delphine,

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Problem 15-18 (Static) (LO 15-5) The balance sheet for the Delphine, Xavier, and Olivier partnership follows: Cash $ 60,000 Liabilities Noncash assets 100,000 Delphine, capital Xavier, capital $ 40,000 60,000 40,000 Olivier, capital 20,000 Total assets $ 160,000 Total liabilities and capital $ 160,000 Delphine, Xavier, and Olivier share profits and losses in the ratio of 4:4:2, respectively. The partners have agreed to terminate the business and estimate that $12,000 in liquidation expenses will be incurred. a. What is the amount of cash that safely can be paid to partners prior to liquidation of noncash assets? b. Calculate the amount of safe payment that can be made to each partner prior to liquidation of noncash assets. Complete this question by entering your answers in the tabs below. Required A Required B What is the amount of cash that safely can be paid to partners prior to liquidation of noncash assets? Cash that safely can be paid $ 8,000 Required A Required B >

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