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Small, Radke, and Hepworth have capital balances before liquidation of $10,000, $26,000, and $41,000, respectively. Cash balance is $54,000, and the partners share losses and

Small, Radke, and Hepworth have capital balances before liquidation of $10,000, $26,000, and $41,000, respectively. Cash balance is $54,000, and the partners share losses and gains in a 3:2:1 ratio. All noncash assets with a book value of $23,000 are sold, for a gain on realization of $24,000. In your calculations assume that no liabilities are a factor. What will each partner receive in cash in the liquidation process?

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