WAEC Financial Accounting 1999 Question 20

Current Accounts balance (1/4/98): J. Chike N4,000; B. Balla N6,000
Current Accounts balance (1/4/99): J. Chike N7,000; B. Balla ?
Drawings: J. Chike N1,500; B. Balla N1,500
Share of net profit: J. Chike ?; B. Balla N2,500
What is Chike's share of profit from the partnership for the year ended 31/3/99?

1. A.N8,500
2. B.N7,000
3. C.N5,500
4. D.N4,500.