Inventory 60,000

Cash collected 60,000

Less: Inventory (80,000)
PPE (230,000)
Loss (250,000)

Events Jose (40%) Maria (40%) Jenny (20%)

Balances 79,000 140,000 140,000
Inventory (60,000)
Total 79,000 140,000 80,000
Allocation of loss (100,000) (100,000) (50,000)
Amounts received (21,000) 40,000 30,000
Allocation of 21k 21,000 (14,000) (7,000)
loss
Balances 0 26,000 23,000