Luke and John want to form a partnership. John contributes Cash $7,200, Account Receivable of $16,300, Merchandise Inventory of $28,700, Store equipment $5,400, Office Equipment of $2,500, Allowance for Doubtful Account $1,500, Account Payable $2,600. Johns Capital account will be credited:

a. $60,100

b. $57,500

c.$53,500

d. $56,000