问题详情

The balance in the owner"s capital account of ABC Co. Ltd. at the beginning of the year was $65 000. During the year, the company earned revenue of $430 000 and incurred expenses of $360 000, the owner withdrew $50 000 in assets, and the balance of the Cash account increased by $10 000. At year-end, the company"s net income and the year-end balance in the owner"s capital account were, respectively______.
A．$20 000 and $95 000
B．$70 000 and $95 000
C．$70 000 and $85 000
D．$60 000 and $75 000请帮忙给出正确答案和分析，谢谢！