Larry, Mo, and Curly have agreed to allocate profits and losses as follows: 10 percent interest on beginning capital and the remainder allocated equally. The beginning capital amounts are Larry, $120,000; Mo, $60,000; and Curly, $80,000. Determine the projected ending balance in each partners capital account if the partnership generated net income of $290,750.

a. Larry $220,250 Mo $154,250 Curly $176,250

b. Larry $106,143 Mo $40,143 Curly $62,143

c. Larry $118,333 Mo $52,333 Curly $74,333

d. Larry $154,000 Mo $88,000 Curly $110,000