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TB MC Qu . 1 0 - 0 4 The Allen, Bevell, and Carter... The Allen, Bevell, and Carter partnership began the process of liquidation

TB MC Qu.10-04 The Allen, Bevell, and Carter...
The Allen, Bevell, and Carter partnership began the process of liquidation with the following balance sheet:
Allen, Bevell, and Carter share profits and losses in a ratio of 3:2:5. Liquidation expenses are expected to be $14,000.
Assuming that, after the payment of liquidation expenses in the amount of $14,000 was made and the noncash assets were sold, if Carter has a deficit of $10,000, for what amount would the noncash assets have been
sold?
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