At the Beginning of the Year,Sigma Company's Balance Sheet Reported

Multiple Choice

At the beginning of the year,Sigma Company's balance sheet reported Total Assets of $195,000 and Total Liabilities of $75,000.During the year,the company reported total revenues of $226,000 and expenses of $175,000.Also,owner withdrawals during the year totaled $48,000.Assuming no other changes to owner's capital,the balance in the owner's capital account at the end of the year would be:

A) $174,000.
B) $78,000.
C) $171,000.
D) $120,000.
E) $123,000.