answers needs to be in excel file

Problem 1: SCA Partnership has the following account balances before liquidation: Cash P350,000 Liabilities P1,125,000 Noncash assets 7,375,000 Loan from A 50,000 Loan to c 150,000 5, Capital [40%) 1,250,000 Receivable from 5 20,000 C, Capital [40%] 1,900,000 Expenses 2,230,000 A, Capital (20%] 1,000,000 Revenues 4,800,000 During June, some noncash assets were sold that resulted to a loss of P46,125. Liquidation expenses of P175,000 were paid and additional expenses amounting to P90,000 were expected to be incurred through the following months of liquidation of the partnership. Liabilities to outsiders amounting to P8175000 were paid. What is the book value ofthe noncush assets which were sofdfor C to receive P555550? A. P2,375,000 B. P2,130,000 C. P2,328,8?5 D. P1083375