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Paulo, Eron and Dom opened an accounting firm on January 2, 2018 in Quezon City. The business was registered as a partnership for which

Paulo, Eron and Dom opened an accounting firm on January 2, 2018 in Quezon City. The business was registered as a partnership for which Paulo serves as the managing After its third year of operations, the partners decided to admit Kiko as a new partner. The capital balances of the partners before the admission of Kiko were: Paulo- P220,000; Eron- P150,000 and Dom-P200,000, while profits and losses were shared by them in the ratio of 50:30:20, respectively. How much should Kiko invest in order to have a 20% interest in the partnership?

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