Business
Business, 14.04.2020 21:57, asiababbie33

Nettles, King, and Tanaka are partners sharing income 3:2:1. After the firm's loss from liquidation is distributed, the capital account balances were: Nettles, $60,000 Dr.; King, $224,000 Cr.; and Tanaka, $158,000 Cr.
If Nettles is personally bankrupt and unable to pay any of the $60,000, what will be the amount of cash received by King and Tanaka upon liquidation? If an amount is zero, enter in 0. Use the minus sign to indicate any deficiencies.

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Nettles, King, and Tanaka are partners sharing income 3:2:1. After the firm's loss from liquidation...

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