The Following Account Balances Were Available for the Perry, Quincy

The following account balances were available for the Perry, Quincy, and Renquist partnership just before it entered liquidation: Included in Perry's Capital account balance is a $20,000 partnership loan owed to Perry. Perry, Quincy, and Renquist shared profits and losses in a ratio of 2:4:4. Liquidation expenses were expected to be $15,000. All partners were insolvent.For what amount would the noncash assets need to be sold in order for Quincy to receive some cash from the liquidation?

A) Any amount in excess of $170,000.
B) Any amount in excess of $190,000.
C) Any amount in excess of $260,000.
D) Any amount in excess of $280,000.
E) Any amount in excess of $300,000.