Hannah Johnson contributed equipment, inventory, and $56,900 cash to a partnership. The equipment had a book value of $28,300 and a market value of $32,500. The inventory had a book value of $51,300 but only had a market value of $13,200 due to obsolescence. The partnership also assumed a $13,300 note payable owed by Hannah that was originally used to purchase the equipment.

What amount should be recorded to Hannah's capital account?

a.$123,200

b.$89,300

c.$115,900

d.$140,700