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.

How much is the net proceeds from the sale of non-cash assets during January 20x21?