Exercise 4 11 Admission by Investment: Computing Old Partners' Agreed Capital Balances with Bonus to Old Partner Clare and Agnes are partners of Assisi General Merchandising with capital balances of P 150,000 and P 125,000 as of January 1, 2020 respectively. They share profits equally. At the end of the year 2020, the company earned a net income of P90,000 when they invited Bernadette to be a partner of the partnership. Bernadette invested P175,000 for a 20% capital credit in the partnerships total agreed capitalization. Clare and Agnes will continue to share in the profits equally. Required: Compute for the amount of Clare's capital after Bernadette's admission as partner in the partnership