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The partnership of Ramos, Rios, Safar, and Wong is being liquidated. It currently holds cash of $ 2 2 , 0 0 0 but no

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The partnership of Ramos, Rios, Safar, and Wong is being liquidated. It currently holds cash of $22,000
but no other assets. Liabilities amount to $32,800. The capital balances are
Required:
a. If both Safar and Wong are personally insolvent, how much money must Rios contribute to the
partnership?
b-1. If only Wong is personally insolvent, how much money must Safar contribute to the partnership?
b-2. If only Wong is personally insolvent, how will Safar's contribution (funds) be distributed?
c. If only Safar is personally insolvent, how much money should Ramos receive from the liquidation?
Note: For all requirements, do not round intermediate calculations. Round your answers to the
nearest whole dollar amount.
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