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AAA and BBB are partners with capital balances of P 3 0 , 0 0 0 and P 7 0 , 0 0 0 ,

AAA and BBB are partners with capital balances of P30,000 and P70,000, respectively. AAA has a 30% interest in profits and losses. At this time, the partnership has decided to admit CCC and MARIE as new partners. CCC contributes cash of P55,000 for a 20% interest in capital and 30% interest in profits and losses. MARIE contributes cash of P10,000 and an equipment for a 25% interest in capital and 35% interest in profits and losses.
If bonus amounting to P18,250 is given to the old partners, what is the value of the equipment contributed by MARIE?

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