Question : X, Y  and Z  are partners in a firm sharing profits and losses in the ratio of 4 : 3: 1. As per the terms of Partnership deed on the death of any partner, Goodwill of deceased
Partner was to be valued at 50% of the net profits credited to that Partner’s Capital A/c during the last three completed years before her death. Books are closed on 31st December each year. X  died on 29th February 2016. The profits for the last five years were :

2011 — Rs.60,000, 2012 — Rs.97,000, 2013 — Rs.1,05,000, 2014 — Rs.30,000 and 2015 —Rs.84,000
On the date of X’s death, Building was found under valued by Rs.80,000, which was to be considered.  The new profit sharing ratio between Y  and Z will be equal.

Q.If X’s share of goodwill adjusted, Y ‘s capital account  will be  -------

Option 1: Debited by Rs 13,687

Option 2: Debited by Rs 41,062

Option 3: Credited by 13,687

Option 4: Credited by 41,062