Partners Brian,Josh,and Chad Have Average Capital Balances of $7,000,$3,000,and $90,000,respectively

Multiple Choice

Partners Brian,Josh,and Chad have average capital balances of $7,000,$3,000,and $90,000,respectively.Net income for the year is $12,000.Salary allowances are $14,000 for Brian and $5,000 for Josh.Chad gets 10% interest on his capital balance with the remainder being divided at a 1:1:2 ratio for Brian,Josh,and Chad,respectively.What is Brian's capital balance after distributing the net income? (Assume no change in capital balances during the year. )

A) $17,000 credit balance
B) $3,000 debit balance
C) $10,000 debit balance
D) $7,000 debit balance