#1 of 13 As part of the initial investment, a partner contributes equipment that had originally cost $80,000 and on which ac $80,000 and on which accumulated depreciation of $50,000 has been recorded. If the partners agree on a valuation of $50,000 for the contributed equipment, what amount should be em #1 of 13 As part of the initial investment, a partner contributes equipment that had orig debited to the equipment account? O a. $30,000 O b. $80,000 O c. $50,000 O d. None of these choices are correct