A partnership begins its first year with the following capital balances:

Alexander, Capital	$	44,000
Bertrand, Capital		54,000
Coloma, Capital		64,000

The articles of partnership stipulate that profits and losses be assigned in the following manner:

• Each partner is allocated interest equal to 7 percent of the beginning capital balance.
• Bertrand 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 $54,000 and that each partner withdraws the maximum amount allowed, what is the balance in Coloma's capital account at the end of the year?