Mr. Jones will be buying a partnership interest from Mr. Axel, who is a one-third partner in JKL Partnership, for $95,000. Mr. Axel's adjusted cost base (ACB) of his partnership interest is $55,000. The ACB of the other partners in the partnership are $50,000 and $70,000. Mr. Jones ACB of his newly acquired partnership interest in JKL Partnership is A. $95,000. B. $60,000. C. $55,000. D. $120,000.