Liquidating Partnerships Prior to liquidating their partnership, Ellis and Dunn had capital accounts of $28,000 and $48,000, respectively. Prior to liquidation, the partnership had no cash assets other than what was realized from the sale of assets. These partnership assets were sold for $86,000. The partnership had $4,000 of liabilities. Ellis and Dunn share income and losses equally Determine the amount received by Ellis as a final distribution from liquidation of the partnership