The following balances were taken from the books of Babsy Ltd at March 31, 2022: Motor vehicle Equipment Commission prepaid Opening inventory 550,000 750,000 8,000 60,000 Trade payable 40,000 Rent owing 23,000 Utilities owing 5,000 Cash 180,000 Bank (credit balance) 70,000 Trade receivables 80,000 3% Mortgage 400,000 10% loan 150,000 How much is the capital balance as at March 31, 2022? a. $916,000 O b. $924,000 O c. $908,000 O d. $1,048,000