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Use the following account balance information for Granobfin Partnership with income ratios of 2:4:4 for George, Noble, and Finn, respectively. Assets Liabilities and Owners Equity

Use the following account balance information for Granobfin Partnership with income ratios of 2:4:4 for George, Noble, and Finn, respectively.

Assets

Liabilities and Owners Equity

Cash

$53900

Accounts payable

$125900

Accounts receivable

132200

George, Capital

138800

Inventory

438800

Noble, Capital

47700

Finn, Capital

312500

$624900

$624900

Assume that, as part of liquidation proceedings, Granobfin sells its noncash assets for $509000. The amount of cash that would ultimately be distributed to Finn would be

$287700.

$203600.

$312500.

$517100.

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