1. contributed capital of alberto

2. agreed capital of alberto

3. agreed capital of betty

4. amount of bonus from betty to alberto

Alberto's single proprietorship business has the following balances: Cash, P10,000; Noncash assets, P90,000 and Accounts payable, P25,000. Betty is invited to invest P125,000 to convert the sole proprietorship into partnership. The noncash assets of the sole proprietorship are fairly valued. Alberto and Betty agreed that their respective capital balances would be 40% and 60% of the total partnership capitalization. The partnership will use the bonus method to account for the difference. Determine the contributed capital of Alberto