what are the total assets of the partnership

Jane and Kathy are joining their separate business to form a partnership. Cash and non-cash assets are to be contributed for a total capital of P300,000. The non-cash assets are to be contributed and liabilities to be assumed are as follows: Jane Kathy Book Value Fair Value Book Value Fair Value Receivable P 22,500 P 22,500 Inventories 22,500 33,750 P 60,000 P67,500 Equipment 37,500 30,000 67,500 71,250 Payable 11,250 11,250 7,500 7,500 The partner's capital accounts are to be equal after all contributions of assets and assumptions of liabilities. Determine the total assets of the partnership