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The capital accounts of Ale, Gian, and Moy are presented below with their respective profit and loss ratios: Ale P 384,000 (1/6) Gian 836,000 (1/3)

The capital accounts of Ale, Gian, and Moy are presented below with their respective profit and loss ratios: Ale P 384,000 (1/6) Gian 836,000 (1/3) Moy 556,000 (1/2) Tin was admitted to the partnership when she purchased directly, for P528,000 a proportionate interest from Moy and Gian in the net assets and profits of the partnership. As a result, Tin acquired a 1/5 interest in the net assets and profits of the firm. Instruction: Compute for the combined gain realized by Moy and Gian upon the sale of a portion of their interests in the partnership to Tin.

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