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The partnership agreement of Chang'e, Miya, and Jawhead provides for the year-end allocation of net income in the following order: First, Chang'e is to receive

The partnership agreement of Chang'e, Miya, and Jawhead provides for the year-end allocation of net income in the following order:

First, Chang'e is to receive 10% of net income up to P200,000 and 20% over 200,000

Second, Layla and Claude are each too receive 5% of the remaining income over P300,000.

The balance of income is to be allocated equally among the three partners. The partnership income was P500,000 before any allocations to partners.

What amount should be allocated to each partner?

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