Hason and Brice recently formed a partnership and agreed to share profits and losses in the ratio of 6:4, respectively. Hason contributed land to the partnership having a fair value of $1.4 million. The partnership assumed the $200,000 mortgage on the property. The partners also contributed the following amounts of cash:

Hanson: $600,000 Brice:$1,200,000

At the inception of the partnership, what is Hason's capital account balance?

A.)$2,000,000

B.) $1,800,000

C.) $1,600,000

D.) $1,500,000

Please answer and explain