Caitlin, Chris, and Molly are partners and share income and losses in a 3:4:3 ratio. The partnership's capital balances are Caitlin, $129,000; Chris, $89,000; and Molly, $109,000. Paul is admitted to the partnership on July 1 with a 20% equity and invests $169,000. The balance in Caitlin's capital account immediately after Paul's admission is:

$169,000

$116,920

$129,940

$149,940

$108,060