Question: Hilliard, Downey, and Petrov are partners sharing income 3:2:1. After the firms loss from liquidation is distributed, the capital account balances were: Hilliard, $24,000 Dr.;

Hilliard, Downey, and Petrov are partners sharing income 3:2:1. After the firm’s loss from is distributed, the capital account balances were: Hilliard, $24,000 Dr.; Downey, $90,000 Cr.; and Petrov, $64,000 Cr. If Hilliard is personally bankrupt and unable to pay any of the $24,000, what will be the amount of cash received by Downey and Petrov upon

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