Partners Percy, May and Anne have decided to liquidate their partnerships. The partnerships Statement of Financial Position reveals the following: Assets Cash P 250,000 Noncash Assets 2,500,000 Liabilities and Capital Liabilities P 300,000 Percy, capital (40%) 900,000 May, capital (40%) 1,200,000 Anne, capital (20%) 350,000 Total Liabilities & Capital P 2,750,000 Total Assets P2,750,000 All partners are personally solvent. Anne received P490,000 in cash in full settlement for her share in the partnership. What was the selling price for the other assets