Cox, North, and Lee form a partnership. Cox contributes $351,000, North contributes $292,500, and Lee contributes $526,500. Their partnership agreement calls for a 5% interest allowance on the partner's capital balances with the remaining income or loss to be allocated equally. If the partnership reports income of $292,500 for its first year, what amount of income is credited to North's capital account?

A. $97,500.

B. $123,825.

C. $119,925.

D. $87,750.

E. $92,625.