_____ the Following Condensed Balance Sheet Is Presented for the Partnership

_____ The following condensed balance sheet is presented for the partnership of Alpha, Baker, and Charley, who share profits and losses in the ratio 4:4:2, respectively:
Assume that the partners decided to liquidate the partnership. The first sale of noncash assets having a book value of $90,000 realized $50,000, and all cash available after settlement with creditors was distributed. How should the available cash have been distributed?

A) Alpha, $8,000; Baker, $8,000; Charley, $4,000.
B) Alpha, $6,667; Baker, $6,667; Charley, $6,666.
C) Alpha, $ -0-; Baker, $13,333; Charley, $6,667.
D) Alpha, $ -0-; Baker, $3,000; Charley, $17,000.
E) Alpha, $ -0-; Baker, $18,500; Charley, $1,500.