P/L Ratio 2 3 5

U F C Total

Capital before retirement 10,000,000 20,000,000 30,000,000 60,000,000

Revaluation surplus 3,000,000 4,500,000 7,500,000 15,000,000

Capital after revaluation 13,000,000 24,500,000 73,500,000 75,000,000

Overstated Net Income (1,000,000) (1,500,000) (2,500,000) (5,000,000)

Capital after correction of errors 12,000,000 23,000,000 35,000,000 70,000,000

Bonus Squeeze (3M *3/8 and 3M *5/8) 3,000,000 (1,125,000) (1,875,000) -

Capital after the adjustment 15,000,000 21,875,000 33,125,000 70,000,000

Settlement of retirement of U (15,000,000) (15,000,000)

Capital of the remaining partners 21,875,000 33,125,000 55,000,000