Farrell and Jimmy enter into a partnership agreement on May 1, 2017. Farrell contributes $30,000 and Jimmy contributes $120,000 as their capital contributions. They decide to share profits and losses in the ratio of their respective capital account balances. The net income for the year ended December 31, 2017 is $40,000. Which of the following amounts should be credited to Jimmy's capital account? (Do not round any intermediate calculations, and round your final answer to the nearest dollar.) A. $40,000 B. $8,000 C. $50,000 D. $32,000