Grace and Joseph are in partnership. The terms of their partnership are as follows: Interest on drawing is to be charged at 15% Interest on capital is to be paid at 10% Grace is to be paid $7,500 for salaries Profit or loss is to be shared in the same ratio as their capital The following trial balance was extracted after the calculation of the net income for the year ending December 31, 2021: DETAILS DR CR Net profit for the year 45,600 Cash 3,200 Bank 20,800 Creditors 11,600 Debtors 25,000 Loan 200,650 Capital: Grace Joseph Drawings: 85,000 55,000 Grace Joseph Current account: Grace Joseph 32,000 29,000 9.500 3,600 What is the share of the profit for Joseph? a. $17,914 b. $13,063 c. $20,188 d. $27,686