1. On September 30, 2015, Marf admits Rovelyn for an interest in his partnership. On this date, Marf's capital account shows a balance of P158,400. The following were agreed upon before the formation of the partnership: a. Prepaid expenses of P17,500 and accrued expenses of P5,000 are to be recognized in the books of Marf. b. 5% of the outstanding accounts receivable of Marf amounting to P100,000 is to be recognized as uncollectible. c. Rovelyn is to be credited with a one-third interest in the partnership and is to invest cash aside from the P50,000 worth of merchandise that she has. Compute for the (1) amount of assets to be contributed by Rovelyn and the (2) total capital of the partnership upon formation: A. P32,950; P215,900 B. P82,950; P248,850 C. P82,950; P215,900 D. P32,950; P248,850