Problem 15-26 (LO 15-3) The partnership of Anderson, Berry. Hammond, and Winwood is being liquidated....
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Problem 15-26 (LO 15-3) The partnership of Anderson, Berry. Hammond, and Winwood is being liquidated. It currently holds cash of $20.100 but no other assets. Liabilities amount to $31,500. The capital balances are Anderson (3e% of profits Berry (38%) Hammond (20%) winwood (28%) and losses) S 30,688 24,8e8 (29,808) (deficit) (37,888) (deficit) a. If both Hammond and Winwood are personally insolvent, how much money must Berry contribute to this partnership? b-1. If only Winwood is personally insolvent, how much money must Hammond contribute? b-2. If only Winwood is personally insolvent, how will Hammond's contribution (funds) be disbursed? c. If only Hammond is personally insolvent, how much money should Anderson receive from the liquidation? (Dnot round Intermediate calculations. Round your answers to the nearest whole dollar amount.) a. Berry's contribution Hammond's contribution bCreditors 2. Anderson Berry c. Anderson should receive
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