6. A new partnership is formed when Terry Smith contributes $50,000 in cash and Lindsey Wesson provides a building with a current market value of $100,000. Smith and Wesson have no formal profit-and-loss-sharing agreement. In the first year of operations, the partnership earns $30,000 profit. Which of the following is an effect that is reported on the balance sheet? A. Increase Smith, Capital $15,000. B. Increase Smith, Capital $10,000. C. Increase Smith Payable $15,000. D. Increase Smith Payable $10,000.