The partnership of Brandon and Ryan is being liquidated. All gains and losses are shared in a 3:1 ...

2. The partnership of Brandon and Ryan is being liquidated. All gains and
losses are shared in a 3:1 ratio, respectively. Before liquidation, their
balance sheet balances are as follows:
 Cash $10,000
 Other Assets 8,000
 Liabilities 4,000
 Brandon, Capital 7,000
 Ryan, Capital 7,000
 a. If the Other Assets are sold for $10,000, how much will each partner
receive before paying liabilities and distributing the remaining
assets?
 b. If the Other Assets are sold for $8,000, how much will each partner
receive before paying liabilities and distributing remaining assets?