Alex, Brad, and Carl are partners. The profit and rule sharing rule between them is 4:3:3 in the alphabetical order. The partnership incurs a net loss of $100,000. Before preparing the closing journal entry the:

Carl, Capital account will have a debit balance of $30,000.

Alex, Capital account will have a debit balance of $40,000.

Income Summary account will have a debit balance of $100,000.

Alex, Capital account will have a credit balance of $40,000.