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.The partnership feels confident it will be able to eventually sell the noncash assets and wants to distribute some cash before paying liabilities.How much would each partner receive of a total $60,000 distribution of cash? $\begin{array} { | l | c | r |r | } \hline & \text { Keaton } & { \text { Lewis } } & { \text { Meador } } \\\hline \text { A) } & \$ 40,000 & \$0 & \$ 20,000 \\\hline \text { B) } & \$ 12,000 & \$ 24,000 & \$ 24,000 \\\hline \text { C) } & \$ 20,000 & \$ 13,333 & \$ 26,667 \\\hline \text { D) } & \$ 60,000 & \$ 0 & \$ 0\\\hline \text { E) } & \$ 10,000 & \$ 0 & \$ 50,000 \\\hline\end{array}$

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