17. Ruiz and Pena are combining their separate businesses to form a partnership. Cash and noncash assets are to be contributed for a total capital of P300,000. The noncash assets to be contributed and the liabilities to be assumed are: Ruiz Pena Book Fair Book Fair value value value value Accounts P20,00 P20,00 receivable 0 0 Inventories 30,000 40,000 P20,00 P25,00 0 0 Equipment 60,000 45,000 40,000 50,000 Accounts 15,000 15,000 10,000 10,000 payable The partner's capital accounts should be equal after all the contribution of assets and the assumption of liabilities. How much cash is to be contributed by Ruiz