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Use the following account balance information for Granobfin Partnership with income ratios of 2:4:4 for James, Noble, and Finn, respectively. Assume that, as part of
Use the following account balance information for Granobfin Partnership with income ratios of 2:4:4 for James, Noble, and Finn, respectively. Assume that, as part of liquidation proceedings, Granobfin sells its noncash assets for $359300. 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 Finn would be $203200.$311000.$143000.$227520
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