Carter invests S50,000 in cash and Green contributes the following assets to form the Carter-Green partnership: Book Value to Green Fair Market Value Inventory 19,000 14,000 32,000 10,000 21,000 46,000 . Land Building Green's building is encumbered by a S23,000 mortgage that the partnership has agreed to assume. What is the amount of Green's Capital Account based upon Green's contribution to the partnership? I. a. 127,000 b. 77,000 c. 65,000 d. 54,000 e. 42,000 2. Who holds the rights (i.e. title) of the buiding upon Green's contribution of the buiding to the partnership? a. Ms. Green b. Carter-Green Partnership Green's capital account in the partnership continues to represent a claim to the specific assets contributed by Green to the partnership. 3. a. True b. False