Please refer to the partially completed worksheet below:

Trial Balance Adjustments Adjusted Trial Balance Income Statement Balance Sheet

Account Title Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr. Dr. Cr.

Cash $7,100$7,100$7,100

Accounts receivable 8,500$2,00010,50010,500

Supplies 100$80 2020

Equipment 7,5007,5007,500

Accumulated depreciation$2,000240$2,240$2,240

Notes receivable 5,0005,0005,000

Accounts payable1,2001,2001,200

Salary payable800180980980

Unearned revenue600600600

Long-term debt10,00010,00010,000

Capital3,4003,4003,400

Drawing 2,3002,3002,300

Service revenue40,0002,00042,000$42,000

Salary expense 24,00018024,180$24,180

Supplies expense 2,300802,3802,380

Depreciation expense 1,6002401,8401,840

Interest revenue400400400

$58,400 $58,400 $2,500 $2,500 $60,820 $60,820 $28,400 $42,400 $32,420 $18,420

The capital account will have a balance of ________ after all closing entries have been recorded.

A) $14,000

B) $15,100

C) $19,700

D) $12,800