The Karen and Tammy partnership agreement stipulates that profits and losses will be shared equally after salary allowances of $79800 for Karen and $40200 for Tammy. At the beginning of the year, Karen's capital account had a balance of $80000, while Tammy's capital account had a balance of $70100. Profit for the year was $105000. The balance of Tammy's capital account at the end of the year after closing is

$120000.

$40200.

$72300.

$102800.