XYZ Partnership is going through a simple liquidation and has the following 1 balance sheet (partner profit and loss ratios in parentheses): Liabilities and Capital $50,000|Notes Payable $25,000 100,000[X, Capital (50%) 25,000 | |v, Capital (30%) 45,000 | [CepialRoy) 55,000 $150,000[Total Liabilities and Capital | $150,000 The partnership sold all noncash assets for $40,000 and distributed all available cash in the final liquidation of the partnership