If the above partnership were dissolved showing a net loss of $60,000, how much would Noah owe?

In the context of partnership dissolution, if the partnership shows a net loss of $60,000, it is essential to look at how losses are allocated among the partners. Typically, partners are responsible for the losses of the partnership according to their agreed-upon partnership agreement or, in the absence of such, in proportion to their ownership interest in the partnership.

If Noah is a partner in this partnership, his obligation to cover losses would generally reflect the entirety of the partnership's liabilities, including net losses. Therefore, if the partnership incurred a net loss of $60,000, and assuming Noah has not agreed to limit his liability or is not shielded from this loss in any way, he could indeed be required to pay the full amount of the loss.

This situation can vary based on specific partnership agreements and local laws, but under standard circumstances, the partner's responsibility for losses incurred by the partnership typically means they are liable for the entire amount of those losses attributed to them. Thus, if the dissolution reveals a loss of $60,000, Noah's obligation would be in line with this total loss, reflecting the correct answer.