Abbott and Brown form a partnership. Abbott contributes \($10,000\) cash and merchandise inventory with a current fair value of \($40,000.\) Brown contributes \($5,000\) in cash and land with a current fair value of \($30,000\) (cost of \($15,000).\) Which of the following is correct?

a. Brown, Capital is credited for \($20,000\).

b. Brown, Capital is credited for \($35,000\).

c. Brown, Capital is debited for \($20,000\).

d. Brown receives a bonus of \($30,000\) from Abbott.