Dogwood Company Earned Revenues of $19,000 and Incurred Expenses of $7,000.The

Dogwood Company earned revenues of $19,000 and incurred expenses of $7,000.The owner made withdrawals of $3,500.What is the balance in the Income Summary account prior to closing net income or loss to the Owner,Capital account?

A) debit balance of $12,000
B) debit balance of $8,500
C) credit balance of $12,000
D) credit balance of $19,000