L, M and N were in partnership sharing profits and losses in the ratio 3 :2 : 1. The partnership was dissolved on 31 December 2019. After all assets had been realised and all liabilities paid, the following balances remained in the books of account.
How much cash did N receive when the dissolution was complete?

$5500
2 )
$7000
3 )
$10000
4 )
$11500
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