Bellow is the financial position of a partnership P Cash Liabilities 945,000 405,000 Loan Non Cash 3,735,000 Payable 135,000 Asset to R Loans K, Receivable 90,000 Capital 1,395,000 from K (40%) P. Capital 900,000 (30%) R, Capital 855,000 (30%) 4,230,000 Total 4,230,000 Total If the partnership is to be liquidated and the non-cash assets were sold for P3,150,000, how much cash will K receive? 1,071,000 1,395,000 1,161,000 1,035,000