J. O'Keefe and J. Kisha combined for a 50/50 partnership in 1980 and continued to do business successfully for many years. In January 2011, J. Kimley offered to contribute a sizable amount of working capital and was accepted as a partner in the business. J. O'Keefe and J. Kisha each own 40% of the business and J. Kimley 20% of the business partnership. Profits and losses are to be shared according to these percentages. Due to the lagging economy and a sudden loss of profits, all three agree to liquidate the business and enjoy a gain on the sale of their major asset, which was purchased in 1981. This should be distributed 50% to J. O'Keefe: 50% to J. Kisha. 40% to J. O'Keefe: 40% to J. Kisha: 20% to J. Kimley. equally among the three partners at the time of the sale. 100% into the partnership dissolution revenue account