14) 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