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At the beginning of the year partners Ahmed and Saeed have capital balances in a partnership of 50,000 and 75,000 respectively. They agreed to share

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At the beginning of the year partners Ahmed and Saeed have capital balances in a partnership of 50,000 and 75,000 respectively. They agreed to share profit or loss 40% and 60%, respectively. The net income for the year was 125,000 and Seed drawing account had a balance of 5,000. What will be the ending capital balance of Saeed? Select one: a. None of the choices are correct b. 150,000 c. 100,000 d. 145.000

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