Bernal and Ruiz are partners who share profits and losses in a ratio of 3:2, respectively, and have the following capital balances on December 31, 2018: Berna, Capital P2,000,000, and Ruiz, Capital P1,500,000. Assume that the partners agreed to let Gorgola into the partnership by investing P1,000,000 for a 1/4 interest. Bernal's capital balance will be

Select one:

a. P1,937,500

b. P2,062,500

c. P1,925,000

d. P2,075,000