Lisa, Monika and Nisha are partners in a firm sharing profits and losses in the ratio of 2:2:1. Their capital A/c stood as ₹ 50,000, ₹ 50,000 and ₹ 25,000 respectively. Monika died and balance in the reserve on that date was ₹ 15,000. If goodwill of the firm is ₹ 30,000 and profit on revaluation is ₹ 7,050. What amount will be transferred to Monika’s Executors Account?
1
₹ 50,820
2
₹ 70,820
3
₹ 8,820
4
₹ 60,820
5
None of the above/More than one of the above.