The Henry, Isaac, and Jacobs partnership was about to enter liquidation with the following account balances:

Cash $90,000 Liabilities $60,000

Fixed Assets 280,000 Henry capital 80,000

Prepaid assets 20,000 Isaac capital 110,000

Jacobs capital 140,000

Henry, Isaac, and Jacobs shared profits and losses in a ratio of 2:4:4. What amount of cash was available for safe payments, based on the above information? (3 points)

Select one:

a.

$40,000

b.

$25,000

c.

$90,000

d.

$35,000

e.

$30,000