Liquidating Partnerships Prior to liquidating their partnership, Ellis and Gentry had capital accounts of $41,000 and $61,000, 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 $98,000. The partnership had $5,000 of liabilities. Ellis and Gentry share income and losses equally. Determine the amount received by Ellis as a final distribution from liquidation of the partnership