The partnership of Peter, Paul, and Mary share profits and losses in the ratio of 4:4:2, respectively. The partners voted to dissolve the partnership when its assets, liabilities, and capital were as follows:

Assets
Cash		$250,000
Other assets		1,000,000
		$1,250,000
Liabilities and Capital
Liabilities		$200,000
Peter, Capital		300,000
Paul, Capital		350,000
Mary, Capital		400,000
		$1,250,000

The partnership will be liquidated over a prolonged pe

riod of time. As cash is available, it will be distributed to the partners. The first sale of noncash assets having a book value of $600,000 realized $475,000. How much cash should be distributed to each partner after this sale?

Peter, $90,000; Paul, $140,000; Mary, $295,000

Peter, $210,000; Paul, $290,000; Mary, $145,000

Peter, $150,000; Paul, $175,000; Mary, $200,000

Peter, $290,000; Paul, $210,000; Mary, $105,000