The balance sheet for the Delphine, Xavier, and Olivier partnership follows:

Cash$61,440Liabilities$41,000Noncash assets104,000Delphine, capital73,600Xavier, capital42,000Olivier, capital8,840Total assets$165,440Total liabilities and capital$165,440

Delphine, Xavier, and Olivier share profits and losses in the ratio of 5:4:1, respectively. The partners have agreed to terminate the business and estimate that $12,400 in liquidation expenses will be incurred.

1. What is the amount of cash that safely can be paid to partners prior to liquidation of noncash assets?
2. Which partner should receive the cash distribution from (a)?