Use the following information to answer the question(s) below. Lola, Melvin, and Nettie are in the process of liquidating their partnership. Since it may take several months to convert the other assets into cash, the partners agree to distribute all available cash immediately, except for $12,000 that is set aside for contingent expenses. The balance sheet and residual profit and loss sharing percentages are as follows: Cash Other assets $ 500,000 225,000 Accounts payable Lola, capital (20%) Melvin, capital (30%) $ 225,000 168,000 270,000 $ 725,000 Nettie, capital (50%) Total liab./equity 62.000 $ 725,000 Total assets 38) Using a safe payments schedule, how much cash should Melvin receive in the first distribution? A) $81,000 B) $165,000 C) $168,600 D) $202,500