Insufficient partnership details for profit ratio

Steps:

• Identify profit before appropriation: $85,000.
• Note interest on capital credited to L: $3,000 (M's amount unknown).
• Residual profit = total profit minus total interest on capital; requires M's interest on capital to compute.
• Sharing ratio equals capital balances, but no capital figures or M's interest provided to derive ratio.
• Interest on drawings ($1,000) deducts from L's final share, not residual calculation.

Why D is correct:

• Not enough information to confirm; D cannot be verified without M's details or capital ratio.

Why the others are wrong:

• A: Assumes arbitrary 50% share minus adjustments, ignoring missing data.
• B: Likely adds interest on capital to partial share, but ratio undefined.
• C: Possible if assuming 3:2 ratio, but unsubstantiated without capitals.

Final answer: Not enough information.