1. On July 20,2015 , Chloe, Lucifer and Amenadiel from a partnership investing cash of 105,000;…

1. On July 20,2015 , Chloe, Lucifer and Amenadiel from a
partnership investing cash of 105,000; 94,500 and 29,400,
respectively. The partners share profits 3:2:2 and on October 30,
2015, they have cash of 7,000; other assets of 322,500; and
liabilities of 179,200. On this date , they decided to go out of
business and sell all the assets for 210,000. Amenadiel has
personal assets of 10,500 that may , if necessary, be used to meet
partnership obligations. What is the amount received by
partner Lucifer at the end of liquidation?
2. On January 1, 2020, ABC Company sold for 17,500 a heavy
appliance which had a cost of 11,375. The company received a down
payment of 1,875 with the provision that additional payments of
1,562.50 be made monthly thereafter. Interest was to be charged at
a monthly rate of 2% on the unpaid balance of the principal. After
completing four months of installment, the customer defaulted, and
the heavy appliance was repossessed. At this time, the net
realizable of the heavy appliance (used) was computed at 4,687.50.
Compute the loss on repossession.
3. Los Angeles Co. has forced into bankruptcy and liquidated.
Unsecured claims will be paid at the rate of 0.50 on the peso. Las
Vegas Co. holds a non-interest- bearing note receivable from Los
Angeles Co. in the amount of 50,000, collateralized by machinery
with a liquidation value of 10,000,000. The total amount to
be realized by Las Vegas Co. on this note receivable
is?