Frain organized a limited partnership and is the only general partner. Mourlan invested $20,000 in the partnership and was admitted as a limited partner with the understanding that he would receive 10% of the profits. After two unprofitable years, the partnership ceased doing business. At that point, partnership liabilities were $85,000 larger than partnership assets. How much money can the partnership’s creditors obtain from Mourlan’s personal assets to satisfy the unpaid partnership debts?

AppendixLO1