A partnership begins its first year with the following capital balances: Alfred, Capital $ 68,000 Bernard, Capital 78,000 Collins, Capital 88,000 The articles of partnership stipulate that profits and losses be assigned in the following manner: Each partner is allocated interest equal to 10 percent of the beginning capital balance. Bernard is allocated compensation of $12,000 per year. Any remaining profits and losses are allocated on a 3:3:4 basis, respectively. Each partner is allowed to withdraw up to $5,000 cash per year. Assuming that the net income is $78,000 and that each partner withdraws the maximum amount allowed, what is the balance in Collins capital account at the end of that year?