A, B, and C agree to form a partnership. A contributes property worth $180,000 with an adjusted basis of $120,000. B contributes $180,000 cash. C will manage the business and will received an equal 1/3 profits interest in the partnership Assume no discounts for lack of control and marketability. Assume that the type of C's services are deductible by the partnership (do not require capitalizing). What is the amount of C's capital account in the year the interest is granted, assuming no other activity? $0 $60,000 O $120,000 O $180,000