Carl Alvarez Joined a Partnership and Contributed the Following Assets

Carl Alvarez joined a partnership and contributed the following assets: $$\begin{array} { | l | l | r | r | } \hline \text { Cash } & & & \$ 5,000 \\\hline & & & \\\hline \text { Equipment } & \text { Original cost: } & & \$ 42,000 \\\hline & \text { Accumulated amortization: } & & \$ 20,000 \\\hline & \text { Current market value: } & \$ 30,000 & \\\hline & & & \\\hline \text { Land } & \text { Original cost: } & & \$ 110,000 \\\hline & \text { Current market value: } & \$ 200,000 & \\\hline\end{array}$$ On the partnership books,the assets will be recorded at a total value of:

A) $137,000.
B) $157,000.
C) $235,000.
D) $147,000.