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On March 1, 202A, Cruz and Ferrer formed a partnership with each contributing the following assets: Cruz Ferrer Cash P30,000 P70.000 Machinery and equipment|25,000 75,000

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On March 1, 202A, Cruz and Ferrer formed a partnership with each contributing the following assets: Cruz Ferrer Cash P30,000 P70.000 Machinery and equipment|25,000 75,000 Building 0 225.000 Furniture and fixtures 10,000 0 The building is subject to a mortgage loan of P90,000 which is to be assumed by the partnership. The partnership agreement provides that Cruz and Ferrer share profits and losses 30% and 70%, respectively. Assuming that the partners agreed to bring their respective capital in proportion to their respective profit and loss ratio, and using Ferrer's capital as the base, how much cash is to be invested by Cruz

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