Consider the following information Net Income 78,000 Income tax payable 4,000 Interest expense 8,000 Calculate the Times-Interest-Earned Ratio Ahmed and Salim form a partnership on June 1. Ahmed contributes OMR 15,000 cash, inventory with a market value of OMR 40,000, and Accounts Payable of OMR 80,000. Ahmed also contributed computer equipment with a cost of OMR 80,000 and accumulated depreciation of OMR 20,000. Current market value is OMR 85,000 Ahmed's Capital will be Select one: a. Debit, 30,000 b. Credit, 60,000 c. Debit, 60,000 d. Credit, 30,000