A1 and A2 are partners in a retail business and divide profits 60% to A1 and 40% to A2. Their capital balances at December 31,2019 are as follows: A1 P 180,000 A2 - 180,000 The partners agree to admit A3 into the partnership on January 2,2020. A3 purchases 1/3 interest in the partnership capital and profits directly from A1 and A2 for P 150,000. Assuming some assets of the partnership are not fairly valued, determine the capital balance of A1 immediately after admission of A3.

a. P 144,000

b.P 234,000

c.P 150,000

d.P 156,000