J & K are forming a partnership. J is investing a building she originally purchased for $125,000, has a book value to her of $50,000 and has a market value of $80,000. However, the building carries a $45,000 mortgage that will be assumed by the partnership. K is investing $20,000 cash, the partners will split all profits 50/50. The balance of Js capital is

	a.	$35,000
	b.	$25,000
	c.	$45,000
	d.	$125,000