AA and BB entered into partnership on March 1, 2022 by investing the following assets: AA BB Cash P 30,000 Inventory P 90,000 Equipment 160,000 Furniture 200,000 The agreement between AA and BB...

AA and BB entered into partnership on March 1, 2022 by investing the following assets:

The agreement between AA and BB provides that profits and losses are to be divided 40% and 60%, respectively, and that the partnership is to assume liability on the equipment of P60,000.  The partners further agree that BB is to receive a capital credit equal to his profit and loss ratio.

How much is the cash to be invested by BB?