Answer:
$46,900 cash is available for distribution to the partners
Step-by-step explanation:
The computation of the distribution of cash is shown below:
= Everett capital credit balance + Ramona capital credit balance - Miguel capital credit balance
= $53,300 + $39,800 - $46,200
= $46,900
We simply added the credit balances and deduct the debit balance for calculation of the cash distribution to the partners