6. All remaining available cash will be distributed immediately upon conclusion of the liquidation process. If the offer by Williams occurs, the following information will be relevant: 1. Total...

6. All remaining available cash will be distributed immediately upon conclusion of the liquidation process. If the offer by Williams occurs, the following information will be relevant:

1. Total capital of the partnership will be reduced by $70,000 to reflect possible unrecorded

liabilities and/or asset write-downs.

2. Jacobs and Harrington will be offered 60% of their capital balances after giving consideration to the above adjustments.