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Turner, Roth, and Lowe are partners who share income and loss in a 2 : 3 : 5 ratio ( in percents: Turner, 2 0

Turner, Roth, and Lowe are partners who share income and loss in a 2:3:5 ratio (in percents: Turner, 20%; Roth, 30%; and Lowe, 50%). The partners decide to liquidate the partnership. Immediately before liquidation, the partnership balance sheet shows total assets, $133,200; total liabilities, $84,000; Turner, Capital, $3,100; Roth, Capital, $14,300; and Lowe, Capital, $31,800. The liquidation resulted in a loss of $80,200.

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