Two existing businesses are going to form a partnership. Business A's store equipment is valued at $8,000 on its books with accumulated depreciation of $1,500 . The fair market value of the equipment is $6,800 . What value should be entered into the new partnership's books for this equipment?
a. $8,200
b. $8,000
c. $6,500
d. $5,300
e. $6,800
e
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