ASAAAAAAP!!! I WILL RATE UNHELPFUL

The financial statement of the sole proprietorship owned by Stella is as follows.

Accounts

Debits

Credits

Cash

Accounts Receivable

Allowance of doubtful accounts

Notes Receivable

Merchandise Inventory

Office Supplies

Equipments

Accumulated depreciation - equipment

Furnitures and Fixtures

Accumulated Depreciation - furnitures and fixtures

Accounts Payable

Notes Payable

Capitals

75,000

130,000

4,000

160,000

27,000

100,000

45,000

133,000

310,000

How much should partner Ella contribute to make their capital ratio equal to 60% for Ella and 40% for Stella under the following assumptions? Prepare the respective entries from adjustments to formation

Inventory is to be written down to 10,000

Office Supplies is to be written down to 15,000

The equipment agreed value is 60,000