Hara, Ives, and Jack are in the process of liquidating their partnership. Since it may take several months to convert the other assets into cash, the partners agree to distribute all available cash immediately, except for P10,000 that is set aside for contingent expenses. The balance sheet and residual profit and loss sharing percentages are as follows: Accounts Cash P 400,000 P 200,000 payable Hara, Other 200,000 capital 135,000 assets (40%) Ives, capital 216,000 (30%) Jack, capital 49,000 (30%) Total Total P 600,000 P 600,000 assets liab./equity How much cash should Ives receive in the first distribution? 153,000 156,000 146,000 O 147,000