Answer:
$210,000
Step-by-step explanation:
Calculation to Determine the amount received by Manning as a final distribution from liquidation of the partnership
Amount received=80000 + 240000 + 150000 =470000
Amount received=470000-410000=60000
Amount received=60000 x .5 = 30000
Amount received=240000-30000
Amount received=$210,000
Therefore the amount received by Manning as a final distribution from liquidation of the partnership is $210,000