Choose the best option Question #16 Revisit The balance in the owner's capital account of Dayton Company at the beginning of the year was $65,000 During the year, the company earned revenue at $430,000 and incurred expenses of $360,000, the owner withdrew $50,000 in assets, and the balance of the Cash account increased by $10,000. At year-end, the company's net income and the year-end balance in the owner's capital account were, respectively: O $20,000 and $95,000 O $70,000 and $95,000 O $60,000 and $75,000 O $70,000 and $85,000