When Peter gave notice to Paul and Mary of dissolution of their entertainment partnership business,the capital accounts were as follows: The partnership assets were liquidated to $30,000.Outstanding liabilities to third parties totalled $39,000.Distributed to Peter,Paul,and Mary,each will respectively receive
A) $20,000,$30,000,$50,000.
B) $27,000,$47,000,$17,000.
C) $27,000,$45,000,$18,000.
D) $30,000,$50,000,$20,000.
E) $28,500,$41,250,$16,000. 
Correct Answer:
Verified
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