The following balance sheet is for a local partnership in which the partners have become very unhappy with each other.

Cash	$ 62,000		Liabilities	$ 52,000
Land	240,000		Adams, capital	157,500
Building	230,000		Baker, capital	51,000
			Carvil, capital	104,000
			Dobbs, capital	167,500
Total assets	$532,000		Total liabilities and capital	$532,000

To avoid more conflict, the partners have decided to cease operations and sell all assets. Using this information, answer the following questions. Each question should be viewed as an independent situation related to the partnerships liquidation.

c.

The building is immediately sold for $142,000 to give total cash of $204,000. The liabilities are then paid, leaving a cash balance of $152,000. This cash is to be distributed to the partners. How much of this money will each partner receive if profits and losses are allocated to Adams, Baker, Carvil, and Dobbs on a 1:3:3:3 basis, respectively?