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Use the following account balance information for Granobfin Partnership with income ratios of 2:4:4 for...

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Accounting

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Use the following account balance information for Granobfin Partnership with income ratios of 2:4:4 for Granger, Noble, and Finn, respectively Assets Cash $ 55200 Accounts receivable Inventory Liabilities and Owner's Equity Accounts payable $ 125700 Granger, Capital 138200 Noble, Capital 48800 Finn, Capital 312400 $625100 131100 438800 $625100 Assume that, as part of liquidation proceedings, Granobfin sells its noncash assets for $509500. The amount of cash that would ultimately be distributed to Finn would be $514700 $203800 $286240. $312400

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