Gains and Losses Incurred at Liquidation Are Distributed to the Partners

Gains and losses incurred at liquidation are distributed to the partners using the residual profit and loss sharing ratios because

A) using ownership percentages would permit solvent partners to not share profits with insolvent partners.
B) the residual profit and loss ratios represent the ownership percentages.
C) these amounts represent profits and losses from prior periods that would have been shared using the residual profit and loss ratios.
D) using the established profit and loss sharing ratios is not permitted.