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On December 31, 20x20, the Statement of Financial Position of UFC Partnership shows the following data with profit or loss sharing of 2:3:5. Cash P15,000,000

On December 31, 20x20, the Statement of Financial Position of UFC Partnership shows the following data with profit or loss sharing of 2:3:5.

Cash

P15,000,000

Liabilities to others

P20,000,000

Other Noncash asset

40,000,000

U, Capital

15,000,000

F, Capital

12,500,000

C, Capital

7,500,000

On January 1, 20x21, the partners decided to wind up the partnership affairs. During the winding up, liquidation expenses amounted to P2,000,000 were paid. Non-cash assets with book value of P30,000,000 were sold during January. 40% of total liabilities were also paid during January. P3,000,000 cash was withheld during January for future liquidation expenses. On January 31, 20x21, partner U received P10,000,000.

What is the amount received by partner F on January 31, 20x21?

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