2. Santo Company and Renfro Company decide to merge their proprietorships into a partnership called Crestwood Company. The balance sheet of Renfro Company shows: Accounts Receivable. $15,000 Less: Allowance for doubtful accounts... 1,500 $13,500 Account payable... $15,000 Less: Allowance for doubtful accounts. 1,500-__ $13,500 Equipment $20,000 Less: Accumulated depreciation 10,000 $10,000 The partners agree that the net realizable value of the receivables is $12,500 and that the fair market value of the equipment is $15,000. Instructions Indicate how the four accounts should appear in the opening balance sheet of the partnership.