Emo and Ted are partners engaged in a manufacturing business. Transactions affecting the partners' capital accounts in 2016 are as follows: Beg. Bal Apr. 1 Jun. 30 Sep.1 Oct. 1 Debit EMO 25,000 45,000 Credit 50,000 30,000 Debit TED 20,000 70,000 40,000 Credit 70,000 50,000 60,000 The income summary has a debit balance of P45,000. Agreement between Emo and Ted are as follows: . Interest on average capital at 8% Salaries of P25,000 and P35,000 are given to Emo and Ted, respectively. Bonus to Ted at 25% on net income after deducting interest and salaries but before deducting bonus. Balance is to be divided equally. How much is the net increase/decrease in Ted's capital account during 2016? Round answer to a whole number.

Emo and Ted are partners engaged in a manufacturing business. Transactions affecting the partners' capital accounts in 2016 are as follows: The income summary has a debit balance of P45,000. Agreement between Emo and Ted are as follows: - Interest on average capital at 8% - Salaries of P25,000 and P35,000 are given to Emo and Ted, respectively. - Bonus to Ted at 25% on net income after deducting interest and salaries but before deducting bonus. - Balance is to be divided equally. How much is the net increase/decrease in Ted's capital account during 2016? Round answer to a whole number