On January 1, 2021, Sandy. Chris and Paul formed SCP Company with a total beginning capital balance of $210,000; Sandy had a beginning capital balance of $100,000 and Chris of $70,000. During 2021, Sandy and Paul made additional investments of $20,000 and $10,000 respectively. In addition, Sandy's drawings were $5.000. Chris's drawings were $3.000 and Paul's drawings were $10,000. The three partners in SCP Company share profits and losses equally and during 2021, the company had a net income of $30,000. Paul's capital balance on December 31, 2021 is: * $60,000 $10,000 $50,000 $40,000 None of the above The portion of net income distributed to each partner is: * $200,000 $270,000 $30,000 $5,000 None of the above Total capital balance of the company on December 31, 2021 is: * $270,000 $252.000 $ $210,000 $207,000 None of the above