Harding,Jones,and Sandy is in the process of liquidating and the partners have the following capital balances;20,000,22,000,and (10,000) respectively.The partners share all profits and losses 50%,35%,and 15%,respectively.Sandy has indicated that the (10,000) deficit will be covered with a forthcoming contribution.The remaining partners have requested to receive $18,382 in cash that is available.How should this cash be distributed?
A) Harding $7,500;Jones $18,882.
B) Harding $10,813;Jones $7,569.
C) Harding $8,000;Jones $18,382.
D) Harding $9,000;Jones $17,382.
E) Harding $7,000;Jones $19,382.
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