1. United Company started its operations on March 1,20YY, Partners Elsie, Nim and Mavic agree to share in the profits and losses as follows: The partners will receive monthly salary allowance of P6,500, P5,000, and P4,000, respectively. Mavic, the managing partner, will receive bonus equal to 50% of net income after salary allowances. All remaining profit or losses will be shared 2:2:1 by the partners, respectively. Assuming a net income in 20YY of P 280,000, what is the total share of Nim