Liquidating Partnerships Prior to liquidating their partnership, Todd and Brooks had capital accounts of $66,000 and $101,000, 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 $201,000. The partnership had $8,000 of liabilities. Todd and Brooks share income and losses equally.

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

o$65,000 and 510(000 mespecti Pior to qidation the partnership had no cash assabs other than ht ne Determine the amount received by Brooka as a final dstribution from lIquidation of the partnenship 201 000 The partnership had $8.000 of lablities. Tode and Brooks share a and loses sequalv