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The balance sheet for the Delphine, Xavier, and Olivier partnership follows: Cash Noncash assets $ 64,320 112,000 Liabilities Delphine, capital Xavier, capital $ 43,000

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The balance sheet for the Delphine, Xavier, and Olivier partnership follows: Cash Noncash assets $ 64,320 112,000 Liabilities Delphine, capital Xavier, capital $ 43,000 65,880 46,000 Olivier, capital 21,440 Total assets $ 176,320 Total liabilities and capital $ 176,320 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 $13,200 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 Calculate the amount of safe payment that can be made to each partner prior to liquidation of noncash assets. Safe payments Delphine Xavier Olivier

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