Apartnership begins its first year with the following capital balances:

A partnership begins its rst year with the following capital balances: Alfred, Capital $62,666 Bernard, Capital 72,666 Collins, Capital 82,666 [ The articles of partnership stipulate that prots and losses be assigned in the following manner: - Each partner is allocated interest equal to 6 percent ofthe beginning capital balance. - Bernard is allocated compensation of 1518.000 per year. - Any remaining profits and losses are allocated on a 33:4 basis, respectively, - Each partner is allowed to withdraw up to $3,000 cash per year, Assuming that the net income is $72,000 and that each partner withdraws the maximum amount allowed, what is the balance in Collins capital account at the end of that year