The following condensed balance sheet is presented for the partnership of D, E, and F who share profits and losses in the ratio of 5:3:2, respectively: 
The partners agreed to liquidate the partnership after selling the other assets.
Refer to the above information. If the other assets are sold for $80,000, and all partners are personally insolvent, how much should E receive upon liquidation?
Definitions:
Business Cycle
The fluctuations in economic activity that an economy experiences over a period of time, consisting of expansions, or periods of growth, and contractions, or periods of decline.
Business Cycle Peaks
The points in time at which an economy transitions from an expansion to a recession, marking the highest point of economic activity before downturn.
Last Recession
Refers to the most recent period of significant decline in economic activity across the economy, lasting more than a few months.
Winter
The coldest season of the year, occurring between autumn and spring.
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