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 for safe payments and distributed it.The noncash assets were then sold for $120,000,and the liquidation expenses of $5,000 were paid.How much of the $120,000 would be distributed to Henry?

Question

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 for safe payments and distributed it.The noncash assets were then sold for $120,000,and the liquidation expenses of $5,000 were paid.How much of the $120,000 would be distributed to Henry?

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The Answer of 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 for safe payments and distributed it.The noncash assets were then sold for $120,000,and the liquidation expenses of $5,000 were paid.How much of the $120,000 would be distributed to Henry?

The Henry,Isaac,and Jacobs Partnership Was About to Enter Liquidation with the Following