James, Aljohn and Jane formed a partnership on January 1, 2013 with investments of P100,000, P150,000 and P200,000, respectively. For the division of income, they agreed to (1) interest of 10% of the beginning capital balance each year, (2) annual compensation of P10,000 to Aljohn , and (3) sharing the remainder of the income or loss in a ratio of 20% for James, and 40% each for Aljohn and Jane. Net income was P150,000 in 2013 and P180,000 in 2014. Each partner withdrew P1,000 for personal use every month during 2013 and 2014?