Retirement settlement in partnership accounting Steps:

• Z's initial total = capital $6000 + current$5000 = $11000.
• Adjust capital for revaluation loss: -$2000 × (1/3) = -$667.
• Adjust capital for goodwill: +$4000 × (1/3) = +$1333.
• Final amount due = ($6000 -$667 + $1333) +$5000 = $11666.
• Cash payment = $11666 - motor vehicle$1500 = $10166. Not enough information to match choices or determine X's specific payment (e.g., if shared with Y or from firm cash). Why C is correct:
• N/A; calculation yields $10166, inconsistent with options. Why the others are wrong:
• A: Same as C, but doesn't match calculation.
• B: Overstates by including unadjusted goodwill or ignoring asset.
• D: Overstates by adding full goodwill without sharing.

Final answer: Not enough information.