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The partnership agreement of Waldo, Xenon, and Yanni provides for the following profit-sharing arrangement: bonus of 20% of net income before bonus to Waldo; interest

The partnership agreement of Waldo, Xenon, and Yanni provides for the following profit-sharing arrangement: bonus of 20% of net income before bonus to Waldo; interest at 15% on average capital balances; and, any remainder equally. During 2021, the partners maintained average capital balances of P300,000, P600,000, and P900,000, respectively. What is Waldo's share if the net income is P270,000?

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