a. C admits DD as a partner in business. Accounts in the ledger for CC on November 30, 2008, just befo admission of DD, show the following balances: Cash 6,800 Accounts receivable 14,200 Merchandise inventory 20,000 Acoounts payable 3,000 CC, Capital 33,000 It is agreed that for purposes of establishing CC's interest the following adjustments shall be made: a} An allowance for doubtful accounts of 3% of accounts receivable is to be established. b} The merchandise inventory is to be valued at P23,000. c] Prepaid salary expenses of 600 and accrued expense of P800 are to be recognized. DD is to invest sufcient cash to obtain U3 interest in the partnership. {1} CC's adjusted capital before the admission of DD; and {2} the amount of cash investment by DD: a. {1] 35,34?; {2} 11,9?1 c. {1} 35,3?4; {2} 1168? b. {1} 36,3?4; {2} 18,43? d. {1] 28,1?4; {2} 14,08