The Following Details Relate to the Equity of R $\text { * Includes nrofit for the vear of } \$ 48000$

Multiple Choice

The following details relate to the equity of R. Simpson, sole proprietor.
$\begin{array}{lcc} & \text { End year 1 } & \text { End year 2 } \\\text { Capital } & \$ 60000 & \$ 60000 \\\text { Current account } & 24000 \mathrm{CR} & 38000 \mathrm{CR}^{*}\end{array}$
$\text { * Includes nrofit for the vear of } \$ 48000$
How much was withdrawn by R. Simpson during year 2?

A) $34 000
B) $62 000
C) $72 000
D) Cannot be calculated from the information provided