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On July 1, Rose, Guada and Marie decided to form the Argem Company, a general partnership. Rose invested cash worth P500,000 and a computer that

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On July 1, Rose, Guada and Marie decided to form the Argem Company, a general partnership. Rose invested cash worth P500,000 and a computer that cost her P60,000 with Accumulated Depreciation of P15,000. Guada invested office tables and chairs worth P 100,000 and Marie invests her management expertise to the business operation. How much is the total capitalization of the Partnership after the investment of the partners

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