WAEC Financial Accounting 2018 Question 41

Use the following information to answer questions 40 and 41.
Net profit: ₦17,460
Capital Account: Taiwo ₦50,000; Obi ₦40,000
Drawings Account: Taiwo ₦12,000; Obi ₦10,000
Salary - Obi: ₦1,500
Interest on capital: 5%
Interest on drawings: 4%
Profit sharing ratio is 3:2 for Taiwo and Obi respectively.
Obi's share of profit is

1. A.₦8,960.
2. B.₦7,404.
3. C.₦4,936.
4. D.₦3,296.