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The RAM Company at December 31 has cash $100,000, noncash assets $280,000, liabilities $138,000, and the following capital balances: Rami $112,000, Ahmed $ 80,000 and

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The RAM Company at December 31 has cash $100,000, noncash assets $280,000, liabilities $138,000, and the following capital balances: Rami $112,000, Ahmed $ 80,000 and Maher $50,000. The firm is liquidated, and $265,000 in cash is received for the noncash assets. Rami, Ahmed, and Maher income sharing ratios are 55%, 30%, and 15%, respectively. Required: At the end of the liquidation process, how much cash will Maher receive? (Note: write your answer as a number only, with no commas or dollar signs). FLY Company is a partnership owned by Fuad, Labeeb, and Yaser, with capital balances of $ 40,000, $ 38,000, and $ 50,000 respectively, on 31/12/2021, before closing the accounts of the year. For 2021, the company had a bad year, where revenues were $ 178,000, while total expenses were $ 200,000. Also, during the year, Labeeb withdrew $ 3,000 for personal use, and made no additional investments. The partnership agreement states the following concerning division of net incomel loss: Salary allowances are given to partners as $ 10,000, $ 12,000, to Fuad and Labeeb respectively. Then, a 5% interest is given on capital balances to all partners, with the remaining to be divided equally between all partners. Calculate the ending capital balance for Labeeb on 31/12/2021. (Note: write your answer as a number only, with no commas or dollar signs)

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