A and B (AB partnership) decide to form a partnership. A already has a business in operation and he transfers the following business items into the partnership.

Cash	$6,000
Inventory	14,000
Equipment	40,000
Accumulated Depreciation	(10,000)
Liabilities	20,000

Also, the following information is available about A's business assets. The inventory has a current market value of 18,000; the equipment has a current value of 38,000; and there are 2,000 of unrecorded liabilities that the partnership assumes.

Mr B contributes 20,000 cash to the partnership.

What is the balance in the capital account of B after the formation of the partnership business?

		$20,000
		$18,000
		$10,000
		$8,000