X, Y and Z are partners sharing profits and losses in the ratio of 5 : 3 : 2. From 1st April, 2018, they decided to share profits and losses equally. The profit and loss account showed a debit balance of ₹10,000. The Partnership Deed provides that in the event of any change in the profit-sharing ratio, the goodwill should be valued at two years' purchase of the average profit of the preceding five yea₹ The profits and losses of the preceding years ended 31st March, are:Year2013-142014-152015-162016-172017-18Profits (₹)70,00085,00045,00035,00010,000 (Loss)Answer the following questions:i. Change in the existing agreement of profit sharing ratio is considered as (a) Reconstitution of a partnership firm (b) Revaluation of a partnership firm (c) Dissolution of a partnership firm (d) None of the aboveii. State the ratio in which the partners share the accumulated profits when there is a change in the profit sharing ratio amongst existing partne₹ (a) Old ratio (b) New ratio (c) Equal ratio (d) Sacrificing ratioiii. How is the sacrificing ratio determined? (a) Old ratio – New ratio (b) New ratio – old ratio (c) Old ratio + New ratio (d) None of the aboveiv. What is the amount of Goodwill credited to X Capital A/c? (a) ₹ 15,000 (b) ₹ 90,000 (c) ₹ 12,000 (d) ₹ 3,000