On December 31, 2018, the partnership of A,B and C have the following accounts with their balances: A, capital (30%) P297,000; B, capital (30%) P222,000; C, capital (40%) P 195,000; Loans Payable to A, P72,000;Accounts receivable from B, P36,000; Loans payable to C, P36,000. Because of unsuccessful operation for the last 2 years, the partners decide to liquidate after closing the books on December 31,2018. On this date, total assets amounted to P 1,056,000 including cash of P321,000. During the liquidation process, all the non cash assets were taken by the competitor. Liabilities were settled, liquidation expenses of P15,000 were paid and the balance was distributed to the partners. Ultimately, C received P175,000 in the final settlement. The amount realized from the sale of noncash assets must be: a. P 580,000 b. P 665,000 c. P574,000 d. P610,000