Your answer is partially correct. Cash of $116,600 is received for the noncash assets. Ho's and Li's income ratios are 60% and 40%, respectively. Calculate how much cash each partner will receive on the liquidation of the partnership assuming any deficiencies are paid by the partners. (Enter negative amounts using either a negative Sign preceding the number eg, -45 or parentheses e.g. (45).) Total Ho, Capital Li, Capital $ i $ 68900 $ 27560 Distribution of cash to partners 41340 e Textbook and Media Your answer is partially correct. Cash of $63,600 is received for the noncash assets. Ho's and Li's income ratios are 60% and 40%, respectively. Calculate how much cash each partner will receive on the liquidation of the partnership assuming any deficiencies are paid by the partners. (Enter negative amounts using either a negative sign preceding the number e.g. -45 or parentheses eg. (45).) Total Ho, Capital Li, Capital Distribution of cash to partners $ 9540 $ 6360 $ 15.900 e Textbook and Media