The following account balances were available for the Perry, Quincy, and Renquist partnership just before it entered liquidation:

Cash…………………………..90,000

Liabilities……………………170,000

Non cash assets……………...300,000

Perry Capital………………….70,000

Quincy's Capital………………50,000

Renquist Capital……………..100,000

Total………………………….390,000

Included in Perry's capital balance is a $20,000 partnership loan owed to Perry. Perry, Quincy, and Renquist shared profits and losses in a ratio of 2:4:4. Liquidation expenses were expected to be $15,000.

All partners were solvent. What would be the minimum amount for which the noncash assets must have been sold, in order for Quincy to receive some cash from the liquidation?