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The partners of Oak, Maple & Pine LLP decided to liquidate in the beginning of current year. The balance sheet of the partnership is as

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The partners of Oak, Maple \& Pine LLP decided to liquidate in the beginning of current year. The balance sheet of the partnership is as follows, with the profit and loss ratio of 30%,40%, and 30%, respectively. Assume that the liquidation expense is estimated to be $2,000. The partnership plans to build a predistribution plan. Requirements: Complete the follawinn atans related to the calculntinn of step one loss. (1) To determine the sensitivity of loss, first calculate the maximum loss that can be absorbed (tolerated) by each partner. (4.5 points; 1.5 points each) Oak: (1) To determine the sensitivity of loss, first calculate the maximum loss that can be absorbed (tolerated) by each partner. (4.5 points: 1.5 points each) Oak: Maple: Pine: (2) Based on your work above, specify the amount of step one loss and then indicate the name of the partner who is the most sensitive to the loss. (2.5 points total) Step one loss: The name of partner who is the most sensitive to the loss: A

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