(Choose 1 answer)
At the beginning of 2009, a company's balance sheet reported the following balances: Total Assets=$125,000;Total Liabilities=$75,000; and Owner's Capital=$50,000. During 2009, the company reported revenues of $46,000 and expenses of $30,000. In addition, owner's withdrawals for the year totaled $20,000. Assuming no other changes to owner's capital, the balance in the owner's capital account at the end of 2009 would be:
A. $66,000.
B. $86,000.
C. $(4,000).
D. $46.000.
E. Cannot be determined from the information provided.
Exit 5
