Home » » Use the following information to answer the question given.$$\begin{array}{c|c} \text{Capital} & \text{Le} \\ \hline \text{Aye} & 20,000 \\ \text{Bee} & 30,000\\ \text{Drawings} & \\ \text{Aye} & 8,000 \\ \text{Bee} & 2,000 \\ \text{Profit for the year} & 2,000\\ \text{Interest on capital - 6%} & \\ \text{Interest on drawings - 10%} & \end{array}$$.Profit sharing is in the ratio of capital. Aye's share of profit is...

# Use the following information to answer the question given.$$\begin{array}{c|c} \text{Capital} & \text{Le} \\ \hline \text{Aye} & 20,000 \\ \text{Bee} & 30,000\\ \text{Drawings} & \\ \text{Aye} & 8,000 \\ \text{Bee} & 2,000 \\ \text{Profit for the year} & 2,000\\ \text{Interest on capital - 6%} & \\ \text{Interest on drawings - 10%} & \end{array}$$.Profit sharing is in the ratio of capital. Aye's share of profit is...

### Question

Use the following information to answer the question given.

$$\begin{array}{c|c} \text{Capital} & \text{Le} \\ \hline \text{Aye} & 20,000 \\ \text{Bee} & 30,000\\ \text{Drawings} & \\ \text{Aye} & 8,000 \\ \text{Bee} & 2,000 \\ \text{Profit for the year} & 2,000\\ \text{Interest on capital - 6%} & \\ \text{Interest on drawings - 10%} & \end{array}$$.

Profit sharing is in the ratio of capital. Aye's share of profit is

A) Le 6,000

B) Le 4,800

C) Le 4000

D) Le 3,200