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Use the method of sealed bids to complete the chart on your answer sheet. Number of points is shown sheet. 16) Use the first table

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Use the method of sealed bids to complete the chart on your answer sheet. Number of points is shown sheet. 16) Use the first table to complete the fair division accounting of the estate cash in the empty table. Roger Mary Ann Ginger Bid on yacht $36,000 $48.000 $54,000 Bid on antique compass $21,000 $30,000 $6000 - 17) Kara and Rex own a small shoe store on the boardwalk with Kara having 40% of the interest interest. They want to dissolve their partnership with one buying the other out. Kara (40%) Rex (60%) Bid on shoe store $253,000 $158,000 16. Complete the entire chart using the information on your test. EVERY section should have something written in it-blank will be counted incorrect Names and Shares Bid on 'Yacht Bid on ant are compass Roger (3) Mary Ann (3) Ginger ( 3 ) 36,000 48,000 54,000 21,000 30,000 6,000 Nothing compass Yacht 57,000 78,000 60,000 19,000 261000 201000 Item(s) obtained with highest bid Total value of bid(s) Fair share of portfolio Value of item(s) received Pays to estate (+) or receives from estate (-) Division of balance ($ Summary of cash

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