Ben White and Lisa Caputi Are Partners, and Each Has

Ben White and Lisa Caputi are partners, and each has a capital balance of $50,000. To gain admission to the partnership, Tim Smith pays $30,000 directly to White for one-half of his equity. After the admission of Smith, the total partners' equity in the records of the partnership will be

A) $150,000.
B) $130,000.
C) $125,000.
D) $100,000.