The Following Condensed Balance Sheet Is Presented for the Partnership

question 2

Multiple Choice

The following condensed balance sheet is presented for the partnership of D, E, and F who share profits and losses in the ratio of 5:3:2, respectively: The partners agreed to liquidate the partnership after selling the other assets.
Refer to the above information. If the other assets are sold for $280,000, how much should F receive upon liquidation?

• A) $44,000
• B) $50,000
• C) $76,000
• D) $90,000

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