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a Amazon.com: Bat... Bank of America (3) WE HAD TO SN Mary Kay In Touch G how to get rid of cel. G Ferial Problems

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a Amazon.com: Bat... Bank of America (3) WE HAD TO SN Mary Kay In Touch G how to get rid of cel. G Ferial Problems (Algo) Saved Santana Rey created Business Solutions on October 1, 2018. The company has been successful, and Santana plans to expand her business. She believes that an additional $106,000 is needed and is investigating three funding sources. a. Santana's sister Cicely is willing to invest $106,000 in the business as a common shareholder. Since Santana currently has about $159,000 invested in the business, Cicely's investment will mean that Santana will maintain about 60% ownership and Cicely will have 40% ownership of Business Solutions. b. Santana's uncle Marcello is willing to invest $106,000 in the business as a preferred shareholder. Marcello would purchase 1,060 shares of $100 par value, 9% preferred stock. c. Santana's banker is willing to lend her $106,000 on a 9%, 11-year note payable. She would make monthly payments of $1,268 per month for 11 years. Required: 1. Prepare the journal entry to reflect the initial $106,000 investment under each of the options (a), (b), and (c). View transaction list Journal entry worksheet JUUTTUI Lly relecture al $106,000 investment under each of the options (a), (b), an View transaction list Journal entry worksheet

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