As part of the initial investment, Ray Blake contributes equipment that had originally cost $116,100 and on which accumulated depreciation of $87,075 has been recorded. If similar equipment would cost $160,900 to replace and the partners agree on a valuation of $54,700 for the contributed equiprnent, what amount should be dehited to the equipment account? a. 1160.900 b. 354250 c. 11:6100 d. 341.025