The partnership of Hendrick, Mitchum, and Redding has the following account balances: Cash Noncash assets $55,8ee 148,880 Liabilities Hendrick, capital Mitchum, capital Redding, capital $44,808 96,888 75,888 (28,808) This partnership is being liquidated. Hendrick and Mitchum are each entitled to 40 percent of all profits and losses with the remalning 20 percent golng to Redding a. What Is the maximum amount that Redding might have to contribute to this partnershlp because of the deficit capital balance? b. How should the $11,000 cash that is presently avallable In excess of lablities be distributed? c. If the noncash assets are sold for a total of $55,000, what is the minimum amount of cash that Hendrick could recelve? (Do not round Intermedlate calculatlons.) a. Maximum amount 48,000 b. Distributed: Hendrick Mitchum Redding 5 16,000 5 (5,000) c. Minimum amount43,500