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Basel and Sami are in partnership sharing profits in a 3:2 ratio. Net profit for the year ended 31.12.2015 was $12,000. Interest on capital

Basel and Sami are in partnership sharing profits in a 3:2 ratio. Net profit for the year ended 31.12.2015 was $12,000. Interest on capital was allocated as $400 to Basel and $250 to Sami. Sami received a partnership salary of $5,000. How much was Basel's share of profit? Select one: Oa. 2,540 O b. 3,060 O c. 4,950 Od. 4.210 Previous pag

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