X, Y, and Z were partners in a firm sharing profits in the ratio of 5:3:2. On 1st April 2025, Y decided to retire from the firm. The firm had a Workmen Compensation Reserve of ?40,000, out of which ?10,000 was required to be used for compensation. The firm also had an Investment Fluctuation Reserve of ?30,000 against investments of ?1,20,000, which were now valued at ?1,10,000. The goodwill of the firm was valued at ?50,000, and the remaining partners decided to continue sharing profits in the ratio of 5:2.