Question 21

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Ali and Ahmad have AY LLP. On January 1, 2020 the capital balances are $20000 for Ali and Ahmad $30000. On March 1 Ali invest $2000. On August 1 Ali withdrew $1000. On May 1 Ahmad invests $4000. On September 1 Ahmad withdrew $2000. AY achieved $20000 net income. Ahmad share in income is --- (based on average capital balances)

a.

12018.

b.

7981.

c.

21250.

d.

32000.