An adjusted trial balance is given below. Debit Credit
Cash $12,600
Accounts Receivable 2,400
Prepaid Rent 800
Merchandise Inventory 28,000
Accounts Payable $4,200
Salaries Payable 1,000
Notes Payable 800
Smith, Capital 13,800
Smith, Withdrawals 1,000
Sales Revenue 96,000
Sales Returns and Allowances 1,600
Sales Discounts 400
Cost of Goods Sold 25,000
Salaries Expense 21,000
Rent Expense 14,000
Selling Expense 8,500
Supplies Expense      500                 
Total $115,800 $115,800
What will be the final balance in the Smith, Capital account after recording the closing entries?
A. $24,000
B. $37,800
C. $36,800
D. $12,700