The following condensed balance sheet is for the partnership of Miller, Tyson, and Watson, who share profits and losses in the ratio of 6:2:2, respectively:

For how much money must the other assets be sold so that each partner receives some amount of cash in aliquidation?

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$ 42,000 69,000 69,000 20,000 Cash Other assets.... 50,000 Liabilities 150,000 Miller capital Tyson, capital Watson, capital $200,000 Total assets $200,000 Total liabilities and capital