The balance in the owner's capital account of ABC Co. Ltd. at the beginning of the year wa

s $65 000. During the year, the company earned revenue of $430 000 and incurred expenses of $360 000, the owner withdrew $50 000 in assets, and the balance of the Cash account increased by $10 000. At year-end, the company's net income and the year-end balance in the owner's capital account were, respectively______.

A．$20 000 and $95 000

B．$70 000 and $95 000

C．$70 000 and $85 000

D．$60 000 and $75 000