Computing Parther Cagital Contribution and Statement of Financial Position Preparation Francis, the proprietor of Francis Landscaping Services invites Pio to be a partner in his business. Accounts in the ledger of Francis on October 1,2023 just before the admission of Pio show the following: It was ageed that for the purpose of estabhishing franch' interest, the following adjustments shall be made: 1. The allowance for bad debts shall be increased to 1.5% of accounts receivable. 2. The Landscaping Supplins inventory is to be valued at pS60.000 3. And a profesional appraber estimated that the furniture and equipinent is worth p800,000. Pio is to invest cach which will make him an equal partiver of Francis. How much is the adiunted capital balance of franchs upon formation of the partnerahip