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On December 31, 2020, Lucio Ting decided to withdraw from the partnership Ting, Tan, Velayo Partnership. Lucio Ting has a capital balance of $80,000 and the withdrawal is paid from the partnership assets. What is the entry to record the transaction? Select one: a. Debit Cash $80,000, Credit Ting, Capital $80,000 b. Debit Income Summary $80,000, Credit Ting, Capital $80,000 c. Debit Ting, Capital $80,000, Credit Cash $80,000 d. Debit Cash $80,000, Credit Income Summary $80,000