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What are the safe payments that can be made

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Question - Aaron, Mary & Yogi agree to dissolve their partnership when the balance sheet reflected the below balances.

Cash $218,000, Liabilities $150,000, Mary cap $15,000, Other assets $78,000, Aaron cap $70,000, Yogi cap $61,000.

Assuming no liquidation expenses, what are the safe payments that can be made to the partners on day 1?

a. $0

b. $146000

c. $218000

d. $68000

e. $140000

Reference no: EM132619446

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