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Edwina and Cordelia are in partnership, preparing accounts to 30 June, sharing profits equally. Arthur joins the partnership on 1 January 2013, the profit sharing ratio is now 2:2:1 (E:C:A) The partnership makes a profit of £60,000 in the year to 30 June 2013. Calculate Arthur's assessable trade profits for 2012/13. Arthur's assessable trade profits are: £________ |