A partnership began its first year of operations with the following capital balances:

Young, Capital	$	143,000
Eaton, Capital	$	104,000
Thurman, Capital	$	143,000

The Articles of Partnership stipulated that profits and losses be assigned in the following manner:

• Young was to be awarded an annual salary of $26,000 and $13,000 salary was to be awarded to Thurman.
• Each partner was to be attributed with interest equal to 10% of the capital balance as of the first day of the year.
• The remainder was to be assigned on a 5:2:3 basis to Young, Eaton, and Thurman, respectively.
• Each partner withdrew $13,000 per year.

Assume that the net loss for the first year of operations was $26,000 with net income of $52,000 in the second year.

What was the balance in Young's Capital account at the end of the second year?

Multiple Choice

$133,380.

$84,760.

$105,690.

$132,860.

$71,760.