Liquidating Partnerships Prior to liquidating their partnership, Ellis and Gentry had capital accounts of $25,000 and $39,000, 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 $72,000. The partnership had $3,000 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.