1: (8 points) Sami, and Lina formed a partnership named S&L, Attorneys at Law, on 1/1/2022. They contributed the following to the new company: Sami's contribution: Cash Equipment Supplies Lina's contribution: Cash Accounts receivable Allowance for doubtful accounts Net Book value (S) Fair market value/ Agreed upon value (S) 22,000 22,000 32,000 25,000 3,000 2,500 34,000 34,000 6,500 6,500 600 900 Required: Prepare the journal entry for the formation of the partnership. (You can prepare separate entries or one entry). Account title Debit Credit