Two individuals who were previously sole proprietors form a partnership. property other than cash that is part of the initial investment in the partnership is recorded for financial accounting purposes at thea)proprietors' book values of the property on the date of the investment. b)proprietors' book values or the property's fair value on the date of the investment, whichever is higher. c)proprietors' book values or the property's fair value on the date of the investment, whichever is lower. d)property's fair value at the date of the investment.