The Keller, Long, and Mason partnership had the following balance sheet just before entering liquidation: Cash $115,000 Noncash assets 230,000 Liabilities Keller, Capital $ 45,000 100,000 Long, Capital 70,000 Mason, Capital 130,000 Total $345,000 Total $345,000 Keller, Long, and Mason share profits and losses in a ratio of 2:4:4. Assuming noncash assets were sold for $70,000 and liquidation expenses in the amount of $18,500 were incurred, how much will each partner receive in the liquidation? A) Keller $14,000 Long $28,000 Mason $ 28,000 B) $37,000 $74,000 $ 74,000 C) $63,833 $ 0 $ 57,667 D) $ 0 $ 0 $121,500 E) $57,833 $12,000 $ 51,667