The following information is available for the Higgins Travel Agency. After closing entries are posted, what will be the balance in the C. Higgins, Capital account?

Net Income $42,500
C. Higgins, Capital 130,000
C. Higgins, Withdrawals 12,000

O $75,500.
O $184,500.
O $99,500.
O $160,500.
O $172.500.