Steve Owns 62% and Mark Owns 38% of a Partnership

Steve owns 62% and Mark owns 38% of a partnership business.For developing the business,they purchased equipment for $10,300.The current market value of the equipment at the time of purchase was $9800.At the time of the balance sheet preparation,depreciation of $220 was incurred.Based on the information provided,which of the following is true of the partnership balance sheet?

A) The Equipment account will be debited at $9800 on the date of purchase.
B) The Equipment account will be debited at $9580 on the date of purchase.
C) The Equipment account will be debited at $10,080 on the date of purchase.
D) The Equipment account will be debited at $10,300 on the date of purchase.