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In the Core partnership, Peter's capital is Php80,000, James's is Php75,000, and John's is Php50,000. They share income in a 3:2:1 ratio, respectively. John is

In the Core partnership, Peter's capital is Php80,000, James's is Php75,000, and John's is Php50,000. They share income in a 3:2:1 ratio, respectively. John is retiring from the partnership. Each of the following questions is independent of the others.John is paid Php56,000, and all implied goodwill is recorded. What is the total amount of goodwill recorded?Question 16AnswerA.Php30,000B.Php6,000C.Php36,000D.Php-0-

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