5. Villanueva and Mulles are partners sharing profits in the ratio 3:2. On Jan. 1, 2019, Lucena joined the partnership and the new profit sharing ratio is as follows: Villanueva 40%, Mulles 30% and Lucena 30%. Profits for the year ended June 30, 2019 were: 6 months ended Dec. 31, 2018 6 months ended June 30, 2019 P300,000 P450,000 An irrecoverable debt of P50,000 was written off in the six months to June 30 in computing the P450,000 profit. It was agreed that this expense should be borne by Villanueva and Mulles only. What is Villanueva's total profit share for the year ended June 30, 2019? a. P330,000 b. P310,000 P340,000 d. P350,000 C