Rodriguez and Ying Start a Partnership Business on 1 July

Multiple Choice

Rodriguez and Ying start a partnership business on 1 July 2017.Rodriguez brings in cash worth $3600,furniture with a current market value of $46,000 and computer equipment.The computer equipment cost $43,000 in 2014 and has an accumulated depreciation of $25,000.The current market value of the computer equipment is $15,000.At what value should the computer equipment be recorded in the books of the partnership firm?

A) $43,000
B) $25,000
C) $15,000
D) $18,000