The balance sheet of the Troy Partnership at September 30, 2020, shows: Va

Various Assets	500,000	Various Liabilities	100,000
		Capital, Thomas	160,000
			120,000
			80,000
			40,000
Total	500,000		500,000

The Troy Partnership decides to terminate operations and liquidate. To begin the process, assets with a book value of $292,000 are sold for $184,000. Under a safe payment approach, how much will be distributed to the partners?

Thomas $62,000, Renee $22,000, Oscar $0, Yvonne $0 <------- This is the correct answer, but please explain how they arrive at the answer in good detail. Thank you!

Thomas $92,000, Renee $92,000, Oscar $0, Yvonne $0

Thomas $87,000, Renee $47,000, Oscar $25,000, Yvonne $25,000

Thomas $46,000, Renee $46,000, Oscar $46,000, Yvonne $46,000