5 1 2 INNE UT Lle duuve Martin and Tom each have accounting practices and have decided to join forces by forming the M&T partnership on 1/1/X1. They will use the goodwill method. Under the terms of the partnership contract, Martin will contribute land and a building having a 500,000 FV while Tom contributes an extensive client list and 300,000 in cash. Martin and tom will be equal partners. Tom will receive a capital credit for which of the following amounts? a. 400,000 b. 500,000 C. Impossible to determine d. None of the above