26. On April 1, 2016, Elli and Emmy pooled their assets to form a partnership, with the firm to take over their business assets and assume the liabilities. Partners capitals are to be based on net assets transferred after the following adjustments: Emmy inventory is to be increased by P3,000; an allowance for doubtful accounts of P1,000 and P1,500 are to be set up in books of Elli and Emmy, respectively; and accounts payable of P4,000 is to be recognized on Elli's books. The individual trial balances on April 1, 2016, before adjustments follow: Elli Emmy Assets P75,000 P113,000 Liabilities 5,000 34,500 Capital 70,000 78,500 How much is the capital of Elli after the above adjustments to his books