On March 1, 2023 Glenda and Harry formed GH Partnership with initial investment of P800,000 and P1,200.000, respectively. Glenda is appointed as the managing partner. The articles of co-partnership provides that profit or loss shall be distributed accordingly: - 10% interest on original capital contribution ratio. - Monthly salary of P10,000 and P5,000 respectively for Glenda and Harry. - Glenda shall be entitled to bonus equivalent to 10% of net income after interest, and salary. - The remainder shall be distributed in ratio of 4:6 for Glenda and Harry, respectively. For the year ended December 31,2023 , the partnership reported net income of P1,000,000. What is the share in net income of Glenda for the year ended December 31, 2023