1. The partnership contract of Lowell & Martin LLP provided for salaries of $45,000 to Lowell and $35,000 to Martin, with any remaining income or loss divided equally.

During 2005, pre-salaries income of Lowell & Martin LLP was $100,000, and both Lowell and Martin withdrew cash from the partnership equal to 80% of their salary allowances. During 2005, Lowell’s equity in the partnership:

a. Increased more than Martin’s equity.

b. Decreased more than Martin’s equity.

c. Increased the same amount as Martin’s equity.

d. Decreased the same amount as Martin’s equity.