Given the following information for questions 1 - 4: Mrebe and Johannes are in a partnership trading as KwaQongo Farmers. The partners are sharing profits and losses equally. On 30 July 20.1 the following information was extracted from the accounting records of the partnership: EXTRACT OF GIVEN INFORMATION FOR KWAQONGO FARMERS R Capital - Mrebe. 103 700 Capital - Johannes 91900 Current account - Mrebe (Cr).. 37800 Current account - Johannes (Dr).............. 23600 Mrebe and Johannes decided to admit Maithwa from 1 August 20.1. Maithwa will contribute the following to acquire a fifth of the net asset share of the partnership 1. Cash.... 2. Farming equipment worth. 17700 48300 Mrebe and Johannes agreed to relinquish 20% of their share in profits or losses to Maithwa in the ratio of 3:1 respectively All other assets were revalued before admitting Mgithwa to the partnership. A valuation loss was correctly calculated at.. 36600 QUESTION 1 Which one of the following alternatives represents the new profit-sharing ratio after the admission of Mqithwa into the new partnership? . A. 7:9:2 B. 7:9:4 C. 3:1:4 D. 2:2:1 QUESTION 4 Which one of the following alternatives represents the correct amount of goodwill in the accounting records of KwaQongo Farmers after the admission of Mithwa? A. 109 400 B. 83 100 C. 92 400 D. 90 800