A, B and C are partners in the firm, sharing profits in the ratio of `2 : 2 : 1`. Their Capital Accounts stand as Rs 50,000 Rs 50,000 and Rs 25,000, respectively. B retired from the firm and balance in the reserve on that date was Rs 15,000. If goodwill of the firm is Rs 30,000 and profit on revaluation is Rs 7,050, what amount will be transferred to B's Loan Accounts ?

Options

A. Rs 50,820
B. Rs 70,820
C. Rs 8,820
D. None of these

Answer

B