PartI. Select the correct answer (25 points) 1. Brian and Sandy are forming a partnership. Brian will invest a truck with a book value of $10,000 and a fair value of $14,000. Sandy will invest a building with a book value of $30,000 and a fair value of $42,000 with a mortgage of $15,000. What amount should be recorded in Brian's capital account? a. $30,000 b. $27,000 c. $42,000 d. $14,000 3. The Partners' Capital Statement for TSB Company reported the following information in total: Capitai, January 1.$2 $240,000 . 80,000 160,000 200,000 Drawings.. Net incom. The partnership has three partners: Toub, Sauls, and Birch with ending capital balances in a ratio 40:20:40. What are the respective ending balances of the three partners? a. Toub, $160,000; Sauls, $80,000; Birch, $160,000. b. Toub, $144,000: Sauls, $72,000; Birch, $144,000. c. Toub, $272,000; Sauls, $136,000; Birch, $272,000 d. Toub, $180,000; Sauls, $96,00000; Birch, $180,000