On November 1, Jackson and Kiln formed a partnership with Jackson contributing land valued at $100,000 and a building valued at $125,000. Kiln contributed $55,000 in cash. The partnership assumed the mortgage on Jackson's property of 485,000. Profits and losses are to be shared equally. what are the balances of the partner's capital accounts after recording therse transactions?

A. Jackson $97,500; Kiln $97,500

B. Jackson $55,000; Kiln $140,000

C. Jackson $140,000; Kiln $55,000

D. Jackson $225,000 Kiln $55,000