Hannah Johnson contributed equipment, inventory, and $52,600 cash to a partnership. The equipment had a book value of $28,200 and a market value of $34,400. The inventory had a book value of $42,500 but only had a market value of $16,700 due to obsolescence. The partnership also assumed a $14,200 note payable owed by Hannah that was originally used to purchase the equipment. What amount should be recorded to Hannah's capital account? a. $129,500 b. $117,900 c. $89,500 d. $109,100