King, Queen, and Prince, partners, have capital balances of P400,000, P200,000, and P100,000, respectively, and share profits and losses in a 2:1:1 ratio. Liabilities amount to P500,000, including the loan of P50,000 extended by Prince. The cash balance is P300,000 and it increased to P1,050,000 as a result of the sale of the non-cash assets. How much cash will Prince receive in payment of his capital?