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Frank and Harry are partners. Frank has a capital balance of $50,000 and Harry has a capital balance of $37.000. Bal contributes a building with

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Frank and Harry are partners. Frank has a capital balance of $50,000 and Harry has a capital balance of $37.000. Bal contributes a building with a fair market value of $32,000 to the partnership for an ownership Interest of 20%. Calculate Bill's capital in the new partnership O A $32,000 O B. $23,800 OC. $5,000 OD 518,000 Frank and Harry are partners. Frank has a capital balance of $50,000 and Harry has a capital balance of $37,000. Bill contributes a building with a fair market value of $32,000 to the partnership for an ownership Interest of 20%. Calculate Bill's capital in the new partnership O A. $32,000 OB. $23,800 OC. $5,000 OD. $18,000

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