Maxwell and Smart are forming a partnership. Maxwell is investing a building that has a market value of $89,000. However, the building carries a $47,000 mortgage that will be assumed by the partnership. Smart is investing $38,000 cash. The balance of Maxwell's Capital account will be:
a. $51,000
b. $89,000
c. $47000
d. $42,000
e. $80,000
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