The Peppa and Duggy Partnership Agreement Stipulates That Profits and Losses

The Peppa and Duggy partnership agreement stipulates that profits and losses will be shared equally after salary allowances of $ 80,000 for Peppa and $ 40,000 for Duggy. At the beginning of the year, Peppa's capital account had a balance of $ 80,000, while Duggy's capital account had a balance of $ 70,000. Profit for the year was $ 100,000. The balance of Duggy's capital account at the end of the year after closing is

A) $ 70,000.
B) $ 40,000.
C) $ 120,000.
D) $ 100,000.