As of December 31, 2014 ABC Realty had partners' capital of $1500. During 2015 ABC Realty had rental income and expenses in the amonts of $1950 and $1000 respectively. In addition, during 2015 ABC Realty made cash contribution s and distributions in the amounts of $750 and $1750 respectively. Based on this information, what is ABC's partners' capital on December 31, 2015?

1. $1450

2. $1500

3. $1550

4. $1600

5. None of the above