18. AA, BB and CC are partners with capital balances of P392,000, P1,365,000 and P595,000 respectively, sharing profits and losses in the ratio of 3:2:1. DD is admitted as a new partner bringing with...

18.

AA, BB and CC are partners with capital balances of P392,000, P1,365,000 and P595,000 respectively, sharing profits and losses in the ratio of 3:2:1.  DD is admitted as a new partner bringing with him expertise and is to invest cash for a 25% interest in the partnership which includes a credit of P367,500 for bonus upon his admission.

How much cash should DD contribute?