By the end of the year, Barack’s draft accounts indicated a capital account balance of $4300. His drawings account contained a debit entry of $150 for goods taken for his own use. Barack found that this item had been entered incorrectly at selling price instead of cost price. He sells goods with a mark-up of $50\%$. What should the corrected closing capital account balance be?
- A$4225
- B$4250
- C$4300
- D$4350