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The partnership of Now (20%), Haya (40%), and Nora (40%) decide to liqudate their business. The ledger shows the following: Cash $140,000 Account Payable Account

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The partnership of Now (20%), Haya (40%), and Nora (40%) decide to liqudate their business. The ledger shows the following: Cash $140,000 Account Payable Account receivable 60,000 20,000 60,000 Loan from Frank Inventories 75,000 B5,000 200,000 Nouf capital Haya capital Plant assets.net 200,000 Loan to NOU 25.000 Nora capita 155.000 Total 510,000 Total $10,000 Assume that: - the partnership does not sell the inventones and Plant asset net does not collect the account receivable . Contingency fund - 35000 What is possible loss of inventories - Nout? 4000 17000 (20000)

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