Patti and Pam are forming a partnership. Patti will invest a piece of equipment with a book value of $6,142 and a fair market value of $12,377. Pam will invest a building with a book value of $41,383 and a fair market value of $51,241.

At what amount will Patti's capital account be recorded?

Select the correct answer.

A)

$6,142

B)

$12,377

C)

$51,241

D)

$41,383