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Gwen and Steven form a partnership where Gwen contributed $171,000 cash and Steven contributed $60,000 cash. The partners share profits and losses 50:50. Partners' withdrawals

Gwen and Steven form a partnership where Gwen contributed $171,000 cash and Steven contributed $60,000 cash. The partners share profits and losses 50:50. Partners' withdrawals were $7,000 by Gwen and $8,000 by Steven. Net income for the current year was $53,000. What is the balance in Steven's capital account at the end of the year?

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