1 point On January 1, 2017, Angel, Bea and Colleen formed ABC & Co., a general professional partnership for the exercise of their common profession. Angel contributed a building with cost of P5 million and accumulated depreciation of P4 million. Based on the city assessor's records the building has an assessed value of P2 million. The building has an annotated mortgage payable amounting to P500,000 to be assumed by the partnership. On the other hand, Bea contributed 10,00 shares of stock with par value of P200 per share and prevailing quoted price of P300 per share. On January 2, 2017, the building contributed by Angel was sold for P5.5 million. If Colleeen wants to have 20% capital interest in the newly formed partnership, how much cash shall be contributed by her?* P875,000 O P1,125,000 O P2,125,000 OP2,000,000