Bill and George enter into a partnership agreement in which Bill is to have a 60% interest in capital and profits. Bill contributes the following:

Land	500,000
Building	5,000,000	Fair value of which is 60% of its cost
Equipment	1,000,000	Fair value of which is 75% of its cost

There is a 1,000,000 mortgage on the building which the partners agree to assume. George contributes cash of 2,500,000 and the partners agreed that this should be his capital credit. How much cash should Bill contribute (withdraw) to arrive at the agreed interest?

a) Withdraw - 500,000 cash

b) Contribute - 500,000 cash

c) Contribute 1,000,000 cash

d) Withdraw 1,000,000 cash