Refer to the following adjusted trial balance.

Accounts	Debit	Credit
Cash	$1,700
Accounts Receivable	8,600
Office Supplies	400
Equipment	28,100
Accumulated Depreciation Equipment		$2,000
Accounts Payable		1,200
Salaries Payable		950
Unearned Revenue		450
Smith, Capital		3,800
Smith, Withdrawals	1,000
Service Revenue		55,600
Salaries Expense	20,000
Supplies Expense	2,200
Depreciation Expense Equipment	2,000
Total	$64,000	$64,000

There were no new capital contributions during the year. What will the balance of the Smith, Capital account be after the closing entries are posted?

.

$34,200

b.

$31,400

c.

$35,200

d.

$32,400