Use the following information to answer the given question.

John and Johnson are in partnership, sharing profit and losses in the ratio 3 : 2. Other information is as follows:

Capital              ————- John   ___  #20,000

———— Johnson  __ #10,000

Drawings                 ——– John  ____   #2,000

————- Johnson ___ #3,000

Interest on capital _____________ 5%

Interest on drawings ___________10%

Profit ______________________#6,000

With the information provided, what is Johnson’s share of the profit?

A. N6,000
B. N3,600
C. N3,000
D. N2,400
E. N2,000

Correct Answer: Option E

E. N2,000