Owner's capital from accounting equation Steps:

• Calculate total assets: Non-current assets $102,000 + Trade receivables$39,000 = $141,000.
• Calculate total liabilities: Long-term loan $50,000 + Trade payables$27,000 = $77,000.
• Apply accounting equation: Assets = Liabilities + Capital, so Capital = Total assets - Total liabilities = $141,000 -$77,000 = $64,000.
• Profit $32,000 is already reflected in assets, increasing capital for the period. Why B is correct:
• B $64,000 matches Capital = Assets - Liabilities per the fundamental accounting equation. Why the others are wrong:
• A $32,000: Only the profit, ignores net assets from other balances.
• C $97,000: Total assets minus payables only, excludes long-term loan.
• D $114,000: Total assets plus profit, double-counts the profit already in assets.

Final answer: B