P and Q operate as partners, dividing profits and losses equally. The information given for P is as follows. Opening current account credit balance: $\$20\,150$ Share of asset revaluation: $\$10\,000$ Drawings: $\$10\,200$ The partnership’s total profit for the year amounted to $\$130\,000$. Partnership salaries were: P $\$20\,000$, Q $\$30\,000$. What is the year-end balance on P’s current account?
- A$\$10\,350$
- B$\$69\,950$
- C$\$79\,950$
- D$\$90\,350$