The balance sheet as of September $30,2023,$ for the partnership of EEE, FFF and GGG shows the following information: Assets, P$360,000$; EEE, loan, P$20,000$; EEE, Capital, P$83,000$; FFF$,$ Capital, P$77,000$; GGG$,$ Capital, P $180,000.$ It was agreed among the partners that EEE retires from the partnership, and it was also further agreed that the assets should be adjusted to their fair value of P$345,000$ as of September $30,2023.$

The partnership is to pay EEE P$90,000$ cash for his partnership interest, which would include the payment of loan. EEE, FFF and GGG share profit $40\%,15\%$ and $45\%$ respectively.

After EEE's retirement, how much is GGG$\text{'}$s capital balance?

ANSWER SHOULD BE $178,500.$ SHOW SOLUTIONS.