Liquidating Partnerships Prior to liquidating their partnership, MacPherson and Brooks had capital accounts of $15,000 and $26,000, 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 $45,000. The partnership had $1,000 of liabilities. erson and Brooks share income and losses equally Determine the amount received by MacPherson as a final distribution from liquidation of the partnership. A