Step 1: Sum of probabilities must equal 1.
The sum of the probabilities for all possible values of \( X \) must be equal to 1:
\[
k + \frac{k}{3} + \frac{k}{4} + \frac{k}{2} = 1
\]
Step 2: Solve for \( k \).
To simplify the equation, find the common denominator:
\[
k \left( 1 + \frac{1}{3} + \frac{1}{4} + \frac{1}{2} \right) = 1
\]
\[
k \left( \frac{12}{12} + \frac{4}{12} + \frac{3}{12} + \frac{6}{12} \right) = 1
\]
\[
k \times \frac{25}{12} = 1 \quad \Rightarrow \quad k = \frac{12}{31}
\]
Step 3: Conclusion.
Thus, the value of \( k \) is \( \frac{12}{31} \), corresponding to option (D).