The following condensed balance sheet is for the partnership of Miller, Tyson, and Watson, who share profits and losses in the ratio of 6:2:2, respectively: Cash Other assets $ 43,000 103,880 Liabilities Miller, capital Tyson, capital Watson, capital Total liabilities and capital $ 25,000 54,800 54,800 13,000 $ 146,880 Total assets $ 146,800 a. Assuming no liquidation expenses, calculate the safe payments that can be made to partners at this point in time. b. For how much money must the other assets be sold so that each partner receives some amount of cash In a liquidation? Answer is not complete. Complete this question by entering your answers in the tabs below. Required A Required B Assuming no liquidation expenses, calculate the safe payments that can be made to partners at this point in time. Tyson Watson Safe payments $ 8,000 8,000 $ 2,000 Miller The following condensed balance sheet is for the partnership of Miller, Tyson, and Watson, who share profits and losses in the ratio of 6:2:2, respectively: Cash Other assets $ 43,000 103,888 Liabilities Miller, capital Tyson, capital Watson, capital Total liabilities and capital $ 25,000 54,880 54,800 13,000 $ 146,880 Total assets $ 146,000 a. Assuming no liquidation expenses, calculate the safe payments that can be made to partners at this point in time. b. For how much money must the other assets be sold so that each partner receives some amount of cash in a liquidation? Answer is not complete. Complete this question by entering your answers in the tabs below. Required A Required B For how much money must the other assets be sold so that each partner receives some amount of cash in a liquidation? Other assets must be sold $ 103,000