E, F and G are partners sharing profits in the ratio of 3 : 3 : 2. As per the partnership agreement, G is to get a minimum amount of Rs. 80,000 as his share of profit every year and any deficiency on this account is to be personally borne by E. The net profit for the year ended 31st March 2020 amounted to Rs. 3,12,000. Calculate the amount of deficiency to be borne by E.
1
Rs. 1,000
2
Rs. 4,000
3
Rs. 8,000
4
Rs. 2,000
5
None of the above/More than one of the above.