Simonsen, Paulson, and Richardson Are Partners in a Firm with the Following

Simonsen, Paulson, and Richardson are partners in a firm with the following capital account balances: $$\begin{array} { | l | l | } \hline \text { Simonsen } & \$ 50,000 \\\hline \text { Paulson } & 160,000 \\\hline \text { Richardson } & 100,000 \\\hline\end{array}$$ The profit-and-loss-sharing ratio among Simonsen, Paulson, and Richardson is 1:3:2, in the order given. Paulson is retiring from the partnership on December 31, 2013. Paulson is paid $250,000 cash in full compensation for her capital account balance. Which of the following is true of the journal entry prepared at the time of retirement?

A) Debit Paulson's capital account by $250,000
B) Debit Richardson's capital account by $45,000
C) Debit Simonsen's capital account by $30,000
D) Debit Income Summary by $90,000