Mom, Pop, and Son are partners sharing profits and losses at 5:3:2, respectively. As of December 31, 2016, their capital balances were: Mom P997,500 Pop P840,000 Son P630,000 On January 1, 2017, the partners admitted Dad as a new partner and according to theiragreement, Dad will contribute P840,000 in cash to the partnership and also pay P105,000 for15% of Pop's share. Dad will be given a 20% share in profits, while the original partners' share will be proportionately the same as before. After admission of Dad, the total capital will beP3,465,000 and Dad's capital will be P735,000.What is the amount of asset revaluation? What is the bonus in the admission of Dad?

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