The partners of Placido, Quinn, \& Rolfe share profits and losses \(1 / 5,1 / 6\), and \(19 / 30\). During 19X3, the first year of their partnership, the business earned \(\$ 120,000\), and each partner had drawings of \(\$ 50,000\) for personal use. What is the balance in Carol Rolfe's capital account after all closing entries? (p. 529)

a. Not determinable because Rolfe's investment in the business is not given

b. Minus \(\$ 10,000\)

c. \(\$ 26,000\)

d. \(\$ 70,000\)