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April and Renz, sole proprietors, formed a partnership on September 1. Their books on this date showed the following: April P 15,000 540,000 Merchandise Inventory Machinery and Equipment Total Accounts Payable April, Capital Renz, Capital Total $\underline{\operatorname{Renz}}$ P 37,500 225,000 202,500 $\underline{150}, \underline{000}$ $\underline{270}, \underline{000}$ $\underline{9705}, \underline{000}$ $\underline{P 735}, \underline{000}$ P135,000 P240,000 570,000 $\underline{495}, \underline{000}$ $\underline{P 705}, \underline{000}$ $\underline{P 735}, \underline{000}$ The partners agreed that the machinery and equipment of April were under-depreciated by $P 15,000$ and those of Renz's by $P 45,000$. Allowance for Doubtful Accounts had to be set up amounting to P120,000 for April and 945,000 for Renz. The partnership agreement provides for a profit and loss ratio and capital interest of $60 \%$ to April and $40 \%$ to Renz. How much cash should April invest to bring the partner's capital balances proportionate to profit and loss ratio?

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