On June 30,2021, the statement of financial position for the partnership of Cici, Mocha, and Putchi, together with

their
respective profit and loss ratios, were as follows:
Assets, at cost P180,000
Cici, loan 9,000
Cici, capital (20%) 42,000
Mocha, capital (20%) 39,000
Putchi, capital (60%) 90,000
Total P180,000
Cici decided to retire from the partnership. By mutual agreement, the assets are to be adjusted to their fair value of
P216,000 at June 30, 2021. It was agreed that the partnership would pay Cici P61.200 cash for Cici's partnership
interest, including Cici's loan which is to be repaid in full. No goodwill is to be recorded. After Cici's retirement,
what is the balance of Mocha's capital account?
a. 36.450 c. 45,450
B 39,000d. 46,200