A, B, C partnership began the process of liquidation with the following balance sheet: Assets Liabilities and Capital Liabilities A, Capital (30%) B, Capital (20%) C, Capital (50%) Cash Non-cash assets Total P 16,000 434,000 P 150,000 80,000 90,000 130,000 P 450,000 P 450,000 Liquidation expenses are expected to be P12,000. After the liquidation expenses of P12,000 had been paid and the non-cash assets are sold, C had a deficit of P8,000. For what amount were the non-cash assets sold?