X and Y are partners and they reassess their assets as shown below. Freehold property: book value $50\,000$, revalued amount $71\,000$ Fixtures and fittings: book value $20\,000$, revalued amount $16\,000$ Inventory: book value $15\,000$, revalued amount $13\,000$ X and Y divide profits and losses in the ratio $2:1$. What is X’s share of the revaluation profit?
- A$5000$
- B$10\,000$
- C$14\,000$
- D$15\,000$