973 Illustration 14 A and B have been in partnership business for some years, sharing profits in the proportions of 3/5th and 2/5th respectively, after salary entitlements of 8,000 and 12,000 per annum respectively. Accounts are made upto 30th June in each year, Their partnership agreement provides, on the death of a partner for : (i) revaluation of the firm's assets -- net gain or loss to be dealt with in the capital accounts in the profit-sharing ratio; (ii) the amount due to a deceased partner's personal representatives to be the amount standing to the credit of his Capital Account, including salary and profits to date of death, less drawings on account; (iii) 10,000 to be paid immediately and the balance one year after death; and (iv) an annuity of 6,000 payable half-yearly in arrears to a deceased partner's widow. A died on 31.12.2016, when the lease of the partnership premises was deemed to be worth 40,000, goodwill