Jatin, Vimal and Kumar are partners sharing profits equally and decide to share profits in the ratio of 3 : 2 : 1 w.e.f. 1st April, 2019. Their existing agreement came to an end and a new agreement came into existence. They computed the sacrifice and gain made by each partner.Answer the following questions:i. A change in profit sharing ratio amounts to a. Dissolution of a firm b. Dissolution of partnership c. Both a. and b. d. None of the aboveii. Why is it important to compute the sacrifice and gain made by each partner at the time of change in profit sharing ratio. a. Because sacrificing partner compensates the gaining partner b. Because gaining partner compensates the sacrificing partner c. Both a. and b. d. None of the aboveiii. At the time of change in profit sharing ratio between partners, which statement is true.a. The gain made by one/more partner/s equals the sacrifice made by another/other partners b. The gain made by one/more partner/s less than the sacrifice made by another/other partners c. The gain made by one/more partner/s more than the sacrifice made by another/other partners d. None of the above is trueiv. At the time of change in profit sharing ratio between partners in the case, whose share of profit is not affected. a. J b. V c. K d. J and K