Liquidating Partnerships

Prior to liquidating their partnership, MacPherson and Ericson had capital accounts of $54,000 and $93,000, 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 $139,000. The partnership had $4,000 of liabilities. MacPherson and Ericson share income and losses equally.

Determine the amount received by MacPherson as a final distribution from liquidation of the partnership. $