WHAT AMOUNT OF CASH DID C RECEIVE FROM THE SETTLEMENT OF THE PARTNERS' INTERESTS UNDER THE CASH PRIORITY PROGRAM.

Partners A, B and C decided to liquidate their partnership. A summary.r of the partnership's statement of nancial position is shown below: cash some Noncash assets 1,200,000 Total 1,250,000 Accounts payable 100,000 Payable to A 50,000 A, Ea pital [5096} 540,000 0, Capital [30961 360,000 c, Capital [20%] 200,000 Total 1,250,000 Three-fourths {Sill} of the non-cash assets were sold for P920,000. The partnership paid P5,000 transaction costs on the sale. How much cash did C receive from the settlement of the partners' interests under the cash priority program