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On December 31, 2017, partners J, A and C have capital balances of 252,000, 368,000 and 305,000 respectively. The partnership has 275,000 liabilities, including a

On December 31, 2017, partners J, A and C have capital balances of 252,000, 368,000 and 305,000 respectively. The partnership has 275,000 liabilities, including a loan from A amounting to 20,000 and cash of 175,000. On May 31, 2018, the partnership decided to liquidate. Its net income from January to May 31 is 348,000. Its P/L agreement call for annual salaries of 134,400, 158,400 and 115,200 for J,A, and C respectively. Any remainder shall be distributed as follows: 

25% to J, 

25% to A and 

50% to C. 

The partnership's cash as of this date is 250,000 and its total liabilities is 307,000 excluding the loan from A. During June, noncash assets with a book value of 400,000 were sold for a certain amount. The partnership paid 67,000 of its liabilities to outside creditors. Liquidation expenses amounting to 44,000 were paid and cash will be withheld for the payment of its remaining liabilities to outsiders.


 How much were the noncash assets sold for in order for A to receive the amount priority to her and an additional 7,500?

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