What is the profit available for distribution?

Use the following information to answer the given question
Misplaced \hlineMisplaced \hline
The net profit for the year ended 31st December 1990 is N28,000 while drawing are N3,000 and N4,000 for Ade and Okon respectively. What is the profit available for distribution?

A N17,800

B N14,000

C N10,800

D N7,000

Answer is C

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