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Exereses:: T and C have been in partaesship for one year sharing profiti and losses in the ratio of capital and C 6 0 ,

Exereses:: T and C have been in partaesship for one year sharing profiti and losses in the ratio of capital and C60,000. C is to have asslary of 15,000. They charge interest on dravings, Tbeing charged 500 and . The net profit, before any distributions to the partues, amounted to E50,000 for the year ended 31 December 200X
Instroctions: Calculte the net profit for disthouting among the partuers?
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