In the LMN Partnership,Lynn's Capital Is $60,000,Marty's Is $80,000,and Nancy's

Multiple Choice

In the LMN partnership,Lynn's capital is $60,000,Marty's is $80,000,and Nancy's is $70,000.They share income in a 4:3:3 ratio,respectively.Nancy is retiring from the partnership.Each of the following questions is independent of the others.
-Refer to the above information.Nancy is paid $84,000,and no goodwill is recorded.What is Lynn's capital balance after Nancy withdraws from the partnership?

A) $68,000
B) $54,000
C) $53,000
D) $52,000