Joseph and Landry are partners who share income and losses in the ratio of 3:2, respectively. On August 31, their capital balances were: Joseph, $143000 and Landry, $123000. On that date, they agree to admit Neumark as a partner with a one-third capital interest. If Neumark invests $97000 in the partnership, what is Joseph’s capital balance after Neumark’s admittance?

a. $121000
b. $128600
c. $127667
d. $143000