3.Carlo and John have been operating an accounting firm for a number of years. At the

beginning of 2008, their capital balances were P60,000 and P75,000, respectively.

During 2008, Carlo invested an additional P10,000 on April 1 and permanently withdrew

P6,000 on August 31; John also withdrew P12,000 on May 1 and invested P6,000 on

November 1. In addition, Carlo and John withdrew their salary allowances of P18,000

and P24,000, respectively. At year-end, total capital of the Carlo and John partnership

was P182,000. Carlo and John share income after salary allowances in a 6:4 ratio. How

much is the share of each partner in the net income?