=+Murphy, Noonan and MacIntyre are in partnership sharing profits and losses in the ratio 4:3:1. The following balance sheet was available for the partnership for the year ended 31 December 1995:

€’000 €’000 Non-current assets Premises 150,000 Fixtures and fittings 65,000 Motor vehicles 40,000 255,000 Current assets Inventory te 20,000 Receivables 15,000 Bank 25,000 a + a 60,000 315,000 Capital accounts Murphy 120,000 Noonan 90,000 MacIntyre 40,000 250,000 Current accounts Murphy 7,500 Noonan 4,200 MacIntyre 3,300 15,000 Loan from MacIntyre 10,000 Current liabilities Payables 40,000 315,000