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Tom and Cathy are forming a partnership. Tom will invest a truck with a book value of $10,769 and a fair value of $12,415. Cathy

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Tom and Cathy are forming a partnership. Tom will invest a truck with a book value of $10,769 and a fair value of $12,415. Cathy will invest land and a building with a book value of $34,303 and a fair value of $44,213 with a mortgage of $15,280. What amount should be recorded in Tom's capital account

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