Required Informatlon Cleary, Wasser, and Nolan formed a partnership on January 1, 2017, and made capital contributions of $100,000 (Cleary). $150,000 (Wasser), and $200,000 (Nolan), respectively. With respect to the divislon of Income, they agreed to the following: (1) Interest of an amount equal to 10% of the that partners beginning capital balance for the year, (2) annual compensation of $10,000 to Wasser, and (3) the remalnder of the Income or loss to be split among the partners In the following percentages: (a) 20% for Cleary: (b) 40% for Wasser, and (c) 40% for Nolan. Net income was $150,000 in 2017 and $180,000 In 2018. Each partner withdrew $1,000 for personal use every month during 2017 and 2018. What was Nolan's capital balance at the end of 2017? Multiple Cholce $200,000 $224.000 $238,000 $246,000 $254,000