Capital calculation requires net profit, which is missing

Steps:

• Identify starting capital: $19,000.
• Calculate total drawings: cash $24,500 + goods$1,100 = $25,600.
• Apply formula: ending capital = starting capital + net profit - total drawings.
• Note absence of net profit or loss data.

Why C is correct:

• Not enough information to compute ending capital, as net profit is required but not provided; C may assume unstated profit of $35,800 ($29,200 - $19,000 +$25,600).

Why the others are wrong:

• A ignores drawings entirely or misapplies formula.
• B adds only cash drawings without profit adjustment.
• D overstates by adding both drawings types without subtracting.

Final answer: Not enough information.