The adjusted balances for Windsor Co. are listed below. Cash, $10,000 Accounts Receivable, $1,250 Prepaid Insurance, $1,750 Equipment, $7,500 Accumulated Depreciation, $1,000 Accounts Payable, $2,000 T. Windsor, Capital, $15,000 J. Windsor, Drawing, $5,000 Income from Services, $17,500 Wages Expense, $6,000 Rent Expense, $4,000 After recording the closing entries, what would be the balance of the capital account?

Select one:

a. $35,000

b. $12,500

c. $17,500

d. $10,000