The Keaton,Lewis,and Meador Partnership Had the Following Balance Sheet Just

The Keaton,Lewis,and Meador partnership had the following balance sheet just before entering liquidation: $\begin{array} { | l | r | l | l | r | } \hline \text { Cash } & \$ 100,000 & & \text { Liabilities } & \$ 40,000 \\\hline \text { Noncash assets } & \underline { 210,000 } & & \text { Keaton, Capital } & 90,000 \\\hline & & & \text { Lewis, Capital } & 60,000 \\\hline & & & \text { Meador, Capital } & \underline { 120,000 } \\\hline \text { Total } & \$ \underline { 310,000 } & & \text { Total } & \$ \underline { 310,000 } \\\hline\end{array}$ Keaton,Lewis,and Meador share profits and losses in a ratio of 2:4:4.Noncash assets were sold for $60,000.How much will each partner receive in the liquidation? $\begin{array} { | l | c | r |r | } \hline & \text { Keaton } & { \text { Lewis } } & { \text { Meador } } \\\hline \text { A) } & \$ 40,000 & \$26,667 & \$ 53,333 \\\hline \text { B) } & \$ 24,000 & \$ 48,000 & \$ 48,000 \\\hline \text { C) } & \$ 60,000 & \$ 0 & \$60,000 \\\hline \text { D) } & \$ 0 & \$ 0 & \$ 120,000\\\hline \text { E) } & \$ 36,000 & \$12,000 & \$72,000 \\\hline\end{array}$

A) Option A
B) Option B
C) Option C
D) Option D
E) Option E