WAEC Financial Accounting 2014 Question 34

Use the following information to answer questions 32 to 34.
Capital: Aye Le 20,000; Bee Le 30,000
Drawings: Aye Le 8,000; Bee Le 2,000
Profit for the year: Le 10,000
Interest on capital – 6%
Interest on drawings – 10%
Profit sharing is in the ratio of capital.
Bee's share of profit is

1. A.Le 8,000.
2. B.Le 6,000.
3. C.Le 4,800.
4. D.Le 3,200.