Problem 3: Partnership The following are taken from the accounting records of MNO Partnership. December 31, 20X3 Mario, Capital P58,960 Nancy, Capital 63,200 Olga, Capital 64,890 The partnership generated net income of P75,400 in 20X4. According to the partnership contract, the profit and loss sharing ratios are as follows: Mario (25%), Nancy (37.5%), and Olga (37.5%). The following were transactions with the partners during the year: Mario made additional contribution of P7,640. Nancy withdrew P5,000 from the business. Olga contributed P12,000 but withdrew P5,430. Required: Prepare the partnership's Statement of Changes in Equity