Receive as final cash distribution from the liquidation

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Reference no: EM13863502

The balance sheet of Marilyn and Monroe was as follows immediately prior to the partnership's being liquidated: cash, $22,286 other assets, $122,674 liabilities, $14,646 Marilyn capital, $58,416 Monroe capital, $71,898. The other assets were sold for $129,287. Marilyn and Monroe share profits and losses in a 2:1 ratio. Find the amount of cash that Marilyn should receive as a final cash distribution from the liquidation.

$58,416

$62,825

$22,286

$14,857

Reference no: EM13863502

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