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C, a senior partner in an accounting firm, has a profit share of 25% and 30% interest in 2019. During 2018, C withdrew P260, OOO

C, a senior partner in an accounting firm, has a profit share of 25% and 30% interest in 2019. During 2018, C withdrew P260, OOO against his capital but invested property with a fair value of P50,OOO. If C's ending capital is P50,OOO higher than his capital beginning, how much is the partnership net income or net loss in 2019?

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