Antz and Tin share pro ts and losses equally after salary and interest allowances. Antz and Tin receive salary allowances of P40,000 and P60,000, respectively, and both partners receive 10% interest on their average capital balances. Average capital balances are calculated at the beginning of each month, regardless of when additional capital contributions or permanent withdrawals are made subsequently within the month. Partners' drawings of P3,000 per month are not used in determining the average capital balances. Total net income for 2019 is P240,000. Assuming that the partnership started operation on June 30, 2019 How much is the share of Tin in 2019 pro t? P140,000 P100,000 P125,475 P132,950