Sandra and Kelsey are forming a partnership. Sandra will invest a piece of equipment with a book value of $6,700 and a fair market value of $11,600. Kelsey will invest a building with a book value of $45,800 and a fair market value of $52,500.

What amount will be recorded to Kelsey's capital account?

a.$52,500

b.$6,700

c.$45,800

d.$11,600