The owner's drawing account has a balance of $275. The correct entry to close the drawing account would be to debit:

Dr Owner capital account $275

Cr Drawings Account $275

Explanation:

The initial entry was:

Dr Drawings $275

Cr Inventory $275

And the closing entry is to close the drawing account which is done by crediting the whole balance left in the drawing account and charging it to owner capital account. By doing so the drawing shows lowers the profit as the owner has not paid any cash and the drawing account closes at zero balance at the end of the year.