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:

• Income Summary account will have a debit balance of $100,000.
• Carl, Capital account will have a debit balance of $30,000.
• Alex, Capital account will have a credit balance of $40,000.
• Alex, Capital account will have a debit balance of $40,000.