Multiple Choice
Harvey and Quick have decided to form a partnership. Harvey is going to contribute a depreciable asset to the partnership as his equity contribution to the partnership. The following information regarding the asset to be contributed by Harvey is available: 
Based on this information, Harvey's beginning equity balance in the partnership will be:
A) $76,000
B) $36,000
C) $18,000
D) $27,000
E) $45,000
Correct Answer:
Verified
Correct Answer:
Verified
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