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Everett, Miguel, and Ramona are partners, sharing income 1:2:3. After selling all of the assets for
cash, dividing losses on realization, and paying liabilities, the balances in the capital accounts are
as follows: Everett, $50,000 Cr.; Miguel, $40,000 Dr.; and Ramona, $30,000 Cr. How much cash
should be distributed to Everett assuming that Miguel pays the deficiency? a.$50,000
b.$30,000
c.$40,000
d.$20,000

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