Simonsen, Paulson, and Richardson are partners in a firm with the following capital account balances:

Simonsen	$40,000
Paulson	160,000
Richardson	120,000

The profit-and-loss-sharing ratio among Simonsen, Paulson, and Richardson is 1:3:2, in the order given. Paulson is retiring from the partnership on December 31, 2017. Paulson is paid $230,000 cash in full compensation for her capital account balance. Which of the following is true of the journal entry prepared at the time of retirement?

A.

Carol, Capital is debited for $4,500.

B.

Ross, Capital is credited for $4,500.

C.

Cash is credited for $9,000.

D.

Ross, Capital is debited for $9,000.