Elkins and Landry are partners who share income and losses in the ratio of 3:2, respectively. On August 31, their capital balances were: Elkins, $132000and Landry, $128000. On that date, they agree to admit Neumark as a partner with a one-third capital interest. If Neumark invests $109000in the partnership, what is Landry's capital balance after Neumark's admittance?

$122400

$123000

$128000

$120400