Blair Scott started a sole proprietorship by depositing $26,000 cash in a business checking account. During the accounting period, the business borrowed $10,000 from a bank, earned $3,000 of net income, and Scott withdrew $4,200 cash from the business. Based on this information, what is the balance in Scott's capital account at the end of the accounting period? Multiple Choice $24.800 $27,200 $34,800 $29,000