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

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? $\begin{array}{|l|c|r|c|}\hline & \text { Keaton } &{\text { Lewis }} & \text { Meador } \\\hline \text { A) } & \$ 40,000 & \$ 26,667 & \$ 53,333 \\\hline \text { B) } & \$ 24,000 & \$ 48,000 & \$ 48,000 \\\hline C) &\$60,000&\$0&\$60,000\\\hline D) &\$0&\$0&\$120,000\\\hline E) &\$36,000&\$12,000&\$72,000\\\hline\end{array}$

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