Accounting for Partnerships and Limited Liability Companies Question MC #16 Franco and Elisa share income equally. During the current year the partnership net income was $40,000. Franco made withdrawals of $12,000 and Elisa made withdrawals of $17,000. At the beginning of the year, the capital account balances were: Franco capital, $42,000; Elisa capital, $58,000. Elisa's capital account balance at the end of the year is 1. $61,000 2. $95,000 3. $81,000 4. $50,000.