Masters, Hardy, and Rowen are dissolving their partnership. Their partnership agreement allocates income and losses equally among the partners. The current period's ending capital account balances are Masters, $16,700, Hardy, $16,700, Rowen, $(3,700). After all the assets are sold and liabilities are paid, but before any contributions to cover any deficiencies, there is $29,700 in cash to be distributed. Rowen pays $3,700 to cover the deficiency in his account. The general journal entry to record the final distribution would be:

A. Debit Masters, Capital $14,850; debit Hardy, Capital $14,850; credit Cash $29,700.

B. Debit Masters, Capital $16,700; debit Hardy, Capital $16,700; credit Cash $33,400.

C. Debit Masters, Capital $9,900; debit Hardy, Capital $9,900; debit Rowen, Capital $9,900; credit Cash $29,700.

D. Debit Masters, Capital $16,700; debit Hardy, Capital $16,700; credit Rowen, Capital $3,700; credit Cash $29,700.

E. Debit Cash $29,700; debit Rowen, Capital $3,700; credit Masters, Capital $16,700; credit Hardy, Capital $16,700.