Partners R and S share profits 3:1 after annual salary allowances of P40,000 and P60,000, respectively; however, if profits are not adequate to meet the salary allowances, the entire profit is to be divided in the salary ratio. Profits of P90,000 were reported for the year 2003. In 2004, it is ascertained that in calculating net income for the year ended December 31, 2003, depreciation was overstate by P36,000 and ending inventory was overstated by P8,000. The adjustment to the capital of R and S amounted to

a. P29,500 and P14,500

b. P17,500 and P10,500

c. P36,000 and P54,000

d. P53,500 and P64,500