Use the following information to answer the question given.
(begin{array}{c|c} Capital & Le\ Aye & 20,000\ Bee & 30,000\ Drawings & \ Aye & 8,000 \ Bee & 2,000 \ text{Profit for the year} & 2,000\ {text{Interest on capital-6%} & \ text{Interest on drawings – 10%} & end{array})
Profit sharing is in the ratio of capital. Bee’s share of profit is
(begin{array}{c|c} Capital & Le\ Aye & 20,000\ Bee & 30,000\ Drawings & \ Aye & 8,000 \ Bee & 2,000 \ text{Profit for the year} & 2,000\ {text{Interest on capital-6%} & \ text{Interest on drawings – 10%} & end{array})
Profit sharing is in the ratio of capital. Bee’s share of profit is
-
A.
Le 8,000 -
B.
Le 6,000 -
C.
Le 4,800 -
D.
Le 3,200