Brian and Sandy Are Forming a Partnership

Multiple Choice

Brian and Sandy are forming a partnership. Brian will invest a truck with a book value of $10000 and a fair value of $14000. Sandy will invest a building with a book value of $30000 and a fair value of $42000 with a mortgage of $15000. What amount should be recorded in Brian's capital account?

A) $30000
B) $27000
C) $42000
D) $14000