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Tim, Vinel & Meryll entered into a partnership called Fazinate Online Shoppe. They contributed as follows: Tim (40%) - 100,000.00 Vinel (40%) - 100,000.00 Meryll
Tim, Vinel & Meryll entered into a partnership called Fazinate Online Shoppe. They contributed as follows: Tim (40%) - 100,000.00 Vinel (40%) - 100,000.00 Meryll (20%) - 50,000.00. The partnership was indebted to the following: Mark - 30,000.00 Tim - 50,000.00 On December 31, 2022, the partners decided to close Fazinate Online Shoppe and started liquidating their remaining funds amounting to 300,000.00. QUESTION: After liquidation, how much Tim can get from the partnership?
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