Undefined
Extracted text: The statement of financial position of X, Y, Z partnership as of December 31, 2019 is presented below: CASH P20,000 280,000 LIABILITIES X, LOAN X, CAPITAL Y, CAPΡΙTAL Z, CAPITAL TOTAL 50,000 25,000 125,000 70,000 30,000 300,000 OTHER ASSETS ΤΟΤAL 300,000 Profits and loss ratio is 3:2:1 for X, Y and Z, respectively. Other assets were realized as follows: CASH RECEIVED 60,000 DATE JAN. 2019 FEB. 2019 BOOK VALUE 90,000 77,000 113,000 35,000 MAR. 2019 125,000 Cash is distributed as assets are realized, how much is the total cash received by partner Y?