The Henry,Isaac,and Jacobs partnership was about to enter liquidation with the following account balances: 
Estimated expenses of liquidation were $5,000.Henry,Isaac,and Jacobs shared profits and losses in a ratio of 2:4:4.
Before liquidating any assets,the partners determined the amount of cash available for safe payments.How should the cash be distributed?
A) in a ratio of 1:2:2 among the partners.
B) $18,333 to Henry and $16,667 to Jacobs.
C) in a ratio of 1:2 between Henry and Jacobs.
D) $15,000 to Henry and $10,000 to Jacobs.
E) $11,364 to Henry and $13,636 to Jacobs.
Correct Answer:
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