A partnership liquidates and finds an excess cash of P100,000 after payment of liabilities. The four partners have equal capital balances and share profits and losses in the ratio of 10:20:30:40. The four partners will receive a final distribution of cash as follows:

a.) P100,000; P100,000; P100,000; P100,000

b.) P10,000; P10,000; P10,000; P10,000

c.) P25,000; P25,000; P25,000; P25,000

d.) P10,000; P20,000; P30,000; P40,000

Show complete solution.