3. A and B formed a partnership. The partnership agreement stipulates the following: Monthly salary allowances of P10,000 for A and P4,000 for B. The salaries are recognized as expenses. The partners...

Extracted text: 3. A and B formed a partnership. The partnership agreement stipulates the following: Monthly salary allowances of P10,000 for A and P4,000 for B. The salaries are recognized as expenses. The partners share equally in profits and losses. The partnership reported profit for the year of P360,000. How much is the total share of A, inclusive of salary allowances? а. 300,000 b. 228,000 с. 148,000 d. 128,000