Read the following hypothetical text and answer the given questions on the basis of the same:After completing MBA Ram and Rahim started a new business. Their profit-sharing ratio was 3:2. They are running the business very successfully. One day they met their friend Vimal and they are engaged in a friendly talk Vimal said he also wants to join with Ram and Rahim. They admitted Vimal as a new partner for 3/13th share in the profits. Their new profitsharing ratio will be 5:5:3. On the date of admission the goodwill of the firm valued at ₹5, 20,000. Vimal brought his share of Capital ₹2, 50,000 and premium for goodwill in cash. There was a Workmen Compensation Reserve at Ram and Rahim’s Balance sheet ₹1, 00,000. There was a claim against workmen compensation amounted to ₹ 1, 10,000. At the time of admission of Vimal they found that there was an unrecorded Computer and they brought into account.Based on above information answer the following1. What will be the sacrificing ratio among Ram and Rahim? a) 1:14 b) 14:1 c) 3:2 d) 1:1 2. What is the amount of goodwill brought in by Vimal? a) ₹2,50,000 b) ₹5,20,000 c) ₹1,20,000 d) ₹1,12,000 3. How much amount of Workmen compensation is distributed among the partners? a) 1,00,000 b) 1,10,000 c)10,000 d) None of these 4. What will be the treatment of unrecorded computer? a) Debited to Revaluation A/cb) Credited to Revaluation A/c c) Transferred to Debit side of Partners’ capital a/c d) Transferred to Credit side of Partners’ capital a/c