P1, P2, and P3 are partners in XYZ Inc. Their capital balances on Dec 31, Year 5, are $325,239 for P1, $451,777 for P2, and $239,410 for P3. Among these partners on this date, the income sharing ratios are 44.77% for P1, 33.58% for P2, and the remainder for P3. On Jan 1, Year 6, a new partner P4 invests $191,228 in XYZ Inc for a one-eighth (12.5%) interest in capital. In the journal entry to admit the new partner P4, how much capital will be credited or debited to P2 on Jan 1 using the BONUS method?

a.

$13,861

b.

$14,199

c.

$14,875

d.

$14,537

e.

$13,523