A and B are partners in a partnership. The information below applies to 2015. Profit before appropriation: $88000 Interest on drawings: A $1000, B $1000 Interest on capital: A $3000, B $1000 The profit-sharing ratio is based on the proportion of the capital account. What amount of the residual profit does A receive?
- A$41000
- B$43000
- C$61500
- D$64500