Jane Moreno and Javier Sanchez combine their resources and open a Latin American tapas restaurant. Moreno puts in $15,000 cash and kitchen equipment with a book value of

$6,000, accumulated depreciation of $3,000, and a market value of $4,500. Sanchez contributes his share all in cash form for a total of $25,000. Please provide the entries to record the investments. LO5