Homework Help [Partnership Liquidation - Lump Sum]

Hello, need help answering the attached exercise related to partnership. Please provide solutions and detailed explanations.

Problem 2 . Dindo , Eric and Fumaren are partners in Defender Partnership with profit or loss sharing ratio of 6:1:3 . Due to disagreement , the partners decided to liquidate their business with pre- liquidation statement of financial position presented below : Cash P 3, 000 , 000 Liabilities P 10 , 000, 000 Noncash 17, 000, 000 Dindo , 1 , 000 , 000 assets Capital Eric , Capital 4, 000, 000 Fumaren , 5 , 000 , 000 CapitalThe following additional notes are provided :" All partners are legally declared to be personally insolvent . All noncash assets are sold during the liquidation process . Liquidation expenses amounting to P ZM were paid . \\E receives a total of P 2 , 500,000 at the end of liquidation . 1 . What is the amount received by Fumaren at the end of liquidation ?" 2 . Using the same data , what is the net proceeds from the sale of all noncash assets