Black, White, and Red are in a partnership. Their net profit for the year was $189,700. Drawings for Black, White, and Red was $15,000, $22,000, and $28,000 respectively, with interest on drawings charged at 10% per annum. Both Black and Red were also entitled to a salary of $82,500 per annum, however Red only worked for 6 months in the current financial year. If Red is entitled to 7/18 of any residual profits, then his share of the profits for the year would be: O a. $20,750 O b. $15,175 O c. $28,175 O d. $27,275