Advanced Accounting 12th Edition by Joe Ben Hoyle,Thomas Schaefer , Timothy Doupnik

Exercise 12

A partnership has liquidated all assets but still reports the following account balances:

The partners split profits and losses as follows: Black, 30 percent; White, 30 percent; Green, 10 percent; Brown, 20 percent; and Blue, 10 percent,
Assuming that all partners are personally insolvent except for Green and Brown, how much; cash must Green now contribute to this partnership