A partnership begins its first year of operations with the following capital balances: Winston, Capital Durham, Capital Salem, Capital $64,000 54,000 64,000 According to the articles of partnership, alt profits will be assigned as follows: Winston will be awarded an annual salary of $12.000 wth $6,000 assigned to Salem The partners will be attributed interest equal to 10 percent of the capital balance as of the first day of the you The remainder will be assigned on a 523 bosis, respectively Each partner is allowed to withdraw up to $6,000 per year. The net loss for the first year of operations s $24,000 and net income for the subsequent year is $26.000. Each partner windows the maximum amount from the business each period. What is the balance in Winston's capital account at the end of the second year? Multiple Choice $53.930 $56.910