Assume that partner, Rev. Lovejoy, makes a capital contribution of $12,000, partner, Ned Flanders, makes a contribution of $6,500 and services, and partner, Seymour Skinner, makes no monetary contribution, but agrees to devote knowledge and skill to the business. Assume that the partners agree to divide the partnership profits equally. When dissolution occurs, after completion of the winding up, the partners find that the partnership has paid all of its debts except $2,800 to creditor, Springfield Loan Co., $800 to creditor, Shelbyville Loan & Trust, $200 to creditor, Moe’s Tavern, and $1,700 to Lovejoy, who had loaned (interest free) that amount to the business. The firm has no money or property to meet these obligations. How will the partnership accounts be settled?