Owner's capital was $125,600 on January 1. During the year, the owner invested a further $26,000 of cash in the business, revenues were $160,900, and combined expenses were $162,500. The owner withdrew $30,400 over that year. The balance of owner's capital at year end would be: Select one: O a. $121,200 b. $119,600 c. $101,600 d. $125,600 e. $124,600