The partnership of Gwen, Bill, and Sissy is liquidating and the ledger shows the following: Cash .......... $ 80,000 Inv

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The partnership of Gwen, Bill, and Sissy is
liquidating and the ledger shows the following:
Cash .......... $ 80,000
Inventories......... 100,000
Accounts payable..... 60,000
Gwen capital (50%) ... 40,000
Bill capital (25%) ...... 45,000
Sissy capital (25%).... 35,000
If all available cash is distributed immediately:
a. Gwen, Bill, and Sissy should get $26,667 each
b. Gwen, Bill, and Sissy should get $6,667 each
c. Gwen should get $10,000, and Bill and Sissy should get $5,000
each
d. Bill should get $15,000, and Sissy $5,000