Library Hours NOW2 Online teacher X ment/tement Man. don e ssionLocatori progress Calculator The balance sheet of Morgan and Rockwell was as follows immediately prior to the partnershi d tion cash, $25,200, other assets. $149, 100, liabilities, $42,300: Morgan, capital $56,400, Rockwell, capital, $75,600. The other assets were sold for $122,100. Morgan and Rockwell share profits and losses in a 2:1 ratio. As a final cash distribution from the liquidation, Morgan will receive cash totaling 25.200 Ob. 338,400 c. $15,000 56.00