9. On September 1, 2008, the business assets and liabilities of Amor and Bhea were as follows: Amor Bhea Cash P28,000 P62,000 Accounts receivable 200,000 600,000 Inventories 120,000 200,000 Land 600,000 Building 500,000 Furniture and fixtures 50,000 35,000 Other assets 2,000 3,000 Accounts Payable 180,000 250,000 Notes Payable 200,000 350,000 Amor and Bhea agreed form a partnership contributing their respective assets and liabilities subject to the following agreements: a. Accounts receivable of P20,000 in Amor's books and P40,000 in Bhea's books are uncollectible. b. Inventories of P6,000 and P7,000 are obsolete in Amor's and Bhea's respective books. C. Other assets of P2,000 and P3,000 in Amor's and Bhea's respective books are to be written off. d. Accrue expenses of P2,000 and P5,000 in Amor's and Bhea's books are to be recognized. e. Goodwill is to be recognized to equalizer their capital accounts after the above adjustments. The amount of goodwill to be recognized is: a. P155,000 C. P151,000 b. P158,000 d. P159,000