Paul and Peter formed the 2-P Partnership. The partners' capital balances during the year are as follows: Paul Capital DEBIT CREDIT 03/31 100,000 01/01 200,000 06/30 300,000 09/30 400,000 Peter, Capital DEBIT CREDIT 200,000 01/01 300,000 07/31 500,000 06/30 Required: If the partnership has a net income of P2,000,000, and the partners agreed to share profits and losses as follows: * Interest of 6% on the partners' ending capital * remainder is divided equally how much is Paul's share in the net income of the partnership? Round your answer to the nearest peso. Type your