Mofro's Computer Repair Shop started the year with total assets of $300,000 and total liabilities of $200,000. During the year, the business recorded $500,000 in computer repair revenues, $300,000 in expenses, and Mofro withdrew $50,000. Mofro's Owner's Capital balance at the end of the year was

Question 20 options:

A)

$200,000.

B)

$300,000.

C)

$250,000.

D)

$100,000.