An individual received a 70% capital interest in a general partnership by contributing the following: Investment land purchased 10 years age for $40,000 and valued at $60,000. A personal (nonbusiness) truck purchased nine months ago for $12,000 and valued at $10,000. The partnership obtains a $50,000 nonrecourse mortgage loan on the land. How much is this general partner basis in the partnership after the contribution and loan? A $85,000 B. $87,000 C. $100,000 D. $102,000