51. The Partnership has the following accounting amounts: (1) Sales = P 70,000 (2) Cost of Sales = P 40,000 (3) Operating Expenses = P 10,000 (4) Salary allocations to partners = P 13,000 (5) Interest paid on Bank loans =P 2,000 (6) Partners' Drawing = P 8,000 The partnership profit (loss) is: * (2 points) OP 18,000 OP 20,000 O P 5,000 O (P 3,000) 52. Robot invests P250,000 in a partnership for a one-fifth interest. Prior to Robot's admission, the partnership had two partners with capital balances of P350,000 each. If no asset revaluation is recognized prior to Robot admission, What total amount is credited tothe old partner's capital account? (2 points) P250,000 P700,000 P950,000 P760,000 53. On Dec 1, 2020 Anne invited Mel to join her in his business. Mel agreed provided that Anne will adjust the accumulated depreciation of her equipment account to a certain amount, and will recognize additional accrued expenses of P10,000. After that Mel will invest additional equipment to make her interest at 45%. If the capital balances of Anne before and after adjustment were P139,000 and P121,000 respectively. How much is the equipment contribution of Mel? * (2 points) P121,000 P99,000 P91,000 P220,000