Exercise $3-5.$ Distribution of net income by providing salaries, interest and bonus.

The beginning capital contributions of the partners in the newly formed partnership are as follows: Clara, P$250,000$; Mara, P$150,000$; and Angela, P$200,000.$ In its first nine months of operation, the partnership of Clara, Mara and Angela made a net income of $P290,000,$ before providing for $20\%$ annual interest on beginning capital balances and monthly salary allowance of $P10,000,P5,000,$ and $P2,500,$ respectively. Mara is entitled to a $10\%$ bonus on net income before interest and salaries. Any remainder will be shared by the partners in the ratio of $5$:$3$:$2.$

Required:

Compute for the share of Clara, Mara and Angela in the partnership profits.