Gary,Peter and Chris Are Partners

Multiple Choice

Gary,Peter and Chris are partners.Their capital balances are,$25,000;$39,000;and $33,000,respectively.As per the partnership agreement,Gary gets a profit share of 2/9;Peter has 4/9;and Chris has 3/9.Gary withdraws from the partnership by receiving $25,000.What will be the impact of this transaction on the journal entries?

A) Peter,capital will be debited for $2286.
B) Cash will be debited for $25,000.
C) Gary,capital will be debited for $25,000.
D) Chris,capital will be credited for $2286.