The statement of financial position of A, B, C partnership as of December 31, 2020 is presented below: CASH P20,000 LIABILITIES 50,000 OTHER ASSETS 280,000 A, LOAN 25,000 A, CAPITAL 125,000 B, CAPITAL 70,000 C, CAPITAL 30,000 TOTAL 300,000 TOTAL 300,000 Profits and loss ratio is 3:2:1 for A, B and C, respectively. Other assets were realized as follows: DATE CASH RECEIVED BOOK VALUE JAN. 2020 60,000 90,000 FEB. 2020 35,000 77,000 MAR. 2020 125,000 113,000 Liquidation expenses paid are as follows: January - P500 February - P700 Cash is distributed as assets are realized, how much is the total cash received by partner C? Group of answer choices 19,800 119,400 20,000 49,600