Banzon and Borja are partners in B&B Enterprises. Partnership profits and losses are allocated as follows: Salaries - P160,000 and P200,000 to Banzon and Borja, respectively • 10% interest on the...

Extracted text: Banzon and Borja are partners in B&B Enterprises. Partnership profits and losses are allocated as follows: Salaries - P160,000 and P200,000 to Banzon and Borja, respectively • 10% interest on the beginning capital balances Any remaining profit is divided equally At the beginning of the year, their capital balances are: P360,000 for Banzon and P600,000 for Borja. What portion of the partnership income of P600,000 will be allocated to Banzon?