Use the following account balance information for Creekville Partnership to answer Practice Multiple-Choice Questions 3.1 and 3.2. Income ratios are 2:4:4 for Hamet, Mike, and Elly, respectively. of $ Assets Liabilities and Owner's Equily $ Accounts 21.000 Payable Cash 9000 Harriet Capital23,000 Accounts 122.000 receivables Inventory 73,000 Mike, Capital8.000 Elly, Capital52.000 104,000 104.000 3.2 Assume that as part of liquidation proceedings. Creekville sells its noncash assets for $60,000. As a result, one of the partners has a capital deficiency which that partner decides not to repay. The amount of cash that would ultimately be distributed to Elly would be: (1 Mark) Select one: $52.000. $34.000. $24,000 29 Use the following account balance information for Creekville Partnership to answer Practice Multiple-Choice Questions 3.1 and 3.2. Income ratios are 2:4:4 for Hamet, Mike, and Elly, respectively. of $ Assets Liabilities and Owner's Equily $ Accounts 21.000 Payable Cash 9000 Harriet Capital23,000 Accounts 122.000 receivables Inventory 73,000 Mike, Capital8.000 Elly, Capital52.000 104,000 104.000 3.2 Assume that as part of liquidation proceedings. Creekville sells its noncash assets for $60,000. As a result, one of the partners has a capital deficiency which that partner decides not to repay. The amount of cash that would ultimately be distributed to Elly would be: (1 Mark) Select one: $52.000. $34.000. $24,000 29