Peter contributed Accounts Receivable of $25,000 which had a related Allowance for Doubtful Accounts of $7,000. The net realizable value of the receivables is expected to be $16,000. In recording Peters investment, Accounts Receivable would be debited for

• A :

  $25,000.

• B :

  $16,000.

• C :

  $9,000.

• D :

  $18,000.