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Badger and Fox are forming a partnership. Badger invests a building that has a market value of $350,000; the partnership assumes responsibility for a $125,000

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Badger and Fox are forming a partnership. Badger invests a building that has a market value of $350,000; the partnership assumes responsibility for a $125,000 note secured by 3. a mortgage on the property. Fox invests $100,000 in cash and equipment that hasa market value of $75,000. For the partnership, the a and for total capital account are: A. Total assets $525,000; total capital $400,000. B. Total assets $400,000; total capital $400,000. C. Total assets $650,000; total capital $650,00o. D. Total assets $400,000; total capital $525,000. E. Total assets $525,000; total capital $525,000. mounts recorded for total assets

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