Jose Mercado, a sole proprietor, entered into partnership with another individual. The partnership would use the books of Mercado. Mercado's investment in the partnership included equipment that was purchased for 45,000. The equipment has a carrying value of 22,000 and a net agreed-upon value of 27,000. In the financial records of the partnership, this equipment and its accumulated depreciation should be recorded respectively at

A. 22,000 and 0 B. 27,000 and 0 C. 45,000 and 23,000 D. 45,000 and 18,000