X and Y are partners in a partnership. The information below is about the partnership. Current account balances: - X: opening balance $12000 credit, closing balance $17500 credit - Y: opening balance $6000 credit, closing balance $4000 debit These transactions occurred during the year. Drawings: - X: $13000 - Y: $19000 X was paid a salary of $5000. Calculate the profit for the year before appropriation.
- A$22500
- B$27500
- C$30500
- D$32500