Liquidating Partnerships. Need Solution to question. Prior to liquidating their partnership. Quinn and Kestner has capital accounts of $200,000 and $120,000 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 $240,000. The partnership had $30,000 in liabilities. Quinn and Kestner share income and losses equally. Determine the amount received by Quinn as a final distribution from liquidation of the partnership.