Problem C. The partnership of Charisse, Anne, and Glenn decided to liquidate their partnership on May 31, 2018. Before liquidating and sharing of net income, their capital balances are as follows: Charisse (30%) P437,500, Anne (30%) P315,000, and Glenn (40%) P385,000. Net income from January 1 to May 31 is P210,000. Liabilities of the partnership amounted to P367,500 and its total assets include cash amounting to P122,500. Unsettled liabilities are P192,500. Charisse invested additional cash enough to settle their partnership's indebtedness. Anne is personally solvent, Glenn is personally insolvent, and Charisse becomes insolvent after investing the cash needed by the partnership. How much were the partnership's non-cash sold for? A. P78,750 B. P1,540,000 C. P52,500 D. P262,500