Harvey and Quick have decided to form a partnership. Harvey is going to contribute a depreciable asset to the partnership as his equity contribution to the partnership. The following information regarding the asset to be contributed by Harvey is available: $76,000 Historical cost of the asset $40,000 Accumulated depreciation on the asset $18,000 Note payable secured by the asset $45,000 Agreed upon market value of the asset *will be assumed by the partnership Based on this information, Harvey's beginning equity balance in the partnership will be