An individual received a 70% capital interest in a general partnership by contributing the following: Investment land purchased 10 years ago 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's basis in the partnership after the contribution and loan? A. $85,000 B. $87,000 C. $100,000 D. $102,000