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The fo in alance sheet shows total assets, $126,000; total liabilities, $78,000: Turner, Capital, $2,500; Roth, Capital, The cash proceeds from selling the assets were

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The fo in alance sheet shows total assets, $126,000; total liabilities, $78,000: Turner, Capital, $2,500; Roth, Capital, The cash proceeds from selling the assets were sufficient to repay all but $28,000 to $14,000, and Lowe. Capital, $31,500. the creditors Re c. S 2.500 S 31,500 S 48.000 1/10 4/10 5/10 A. Required: a. Calculate the loss from selling the assets b. Allocate the loss from part a to the partners. c. Determine how much, if any, each partner should contribute t to the partnership to cover any remaining capital deficiency Complete this question by entering your answers in the tabs below. Required A Required B Required Determine how much, if any, each partner should contribute to the partnership to cover any remaining capital deficiency Roth Lowe urner to be contributed to the sume that the Turner, Roth, and Lowe partnership is a limited partnership. Turner and Roth are general partners and Lowe is a limited partner. How much should each partner contribute to cover the remaining capital deficiency of $28,000? (Do n calculations. Losses and deficits amounts to be deducted should be entered with a minus sign) As liabilities Book value of assets sold

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