11. The income-sharing provision of the contract that established Early & Farber LLP provided that Early was to receive a bonus of 20% of income after deduction of the bonus, with the remaining income distributed 40% to Early and 60% to Farber. If income before the bonus of Early & Farber LLP was $240,000 for the fiscal year ended August 31, 2005, the capital accounts of Early and Farber should be credited, respectively, in the amounts of:

a. $120,000 and $120,000.

b. $124,800 and $115,200.

c. $96,000 and $144,000.

d. $163,200 and $76,800.

e. Some other amounts.