Which of the following statement(s) is/are correct: 1. Simultaneous liquidations are often impeded because debtors are unwilling or unable to pay their debts over a shortened time span. 2. With a simultaneous liquidation, goodwill is closed off to the capital accounts according to the profit-sharing ratio of the partners 3. When a simultaneous liquidation occurs, the capital account of a partner can never end in a debit balance. 4. Piecemeal liquidation typically results in assets being liquidated under duress at less favorable terms