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The Borough General Partnership had assets worth $ 5 0 , 0 0 0 after liquidation. Tom, Paul, April, and Louis, equal partners, each contributed

The Borough General Partnership had assets worth $50,000 after liquidation. Tom, Paul, April, and Louis, equal partners, each contributed $3,000 into the capital pool at the inception of the business. Tom later loaned the business $8,000. They owe $24,000 to creditors. What will Tom get in distribution, assuming there is no agreement on the distribution of profits?
a. $6,500
b. $8,000
c. $12,500
d. $14,000
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