Mary, Ann, and Tina formed a partnership with income-sharing ratios of 50%, 30%, and 20%, respectively. Cash of $300,000 was available after the partnership's assets were liquidated. Prior to the final distribution of cash, Mary's capital balance was $200,000, Ann's capital balance was $150,000, and Tina had a capital deficiency of $50,000. Assuming Tina contributes cash to match her capital deficiency, Mary should receive

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The Answer of Mary, Ann, and Tina formed a partnership with income-sharing ratios of 50%, 30%, and 20%, respectively. Cash of $300,000 was available after the partnership's assets were liquidated. Prior to the final distribution of cash, Mary's capital balance was $200,000, Ann's capital balance was $150,000, and Tina had a capital deficiency of $50,000. Assuming Tina contributes cash to match her capital deficiency, Mary should receive

Mary, Ann, and Tina Formed a Partnership with Income-Sharing Ratios