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Partners Bernadette and Therese has capital balances of P285,000 and P175,000 with profit and loss ratio of 5:3 respectively before admitting Lucy in exchange for

Partners Bernadette and Therese has capital balances of P285,000 and P175,000 with profit and loss ratio of 5:3 respectively before admitting Lucy in exchange for 40% interest in the partnership as well as the profits and losses after investing P585,000.

How much is the capital of partner Bernadette after the admission of Lucy?

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