Barbara Ripley and Fred Nichols decide to organize the Sunland partnership. Ripley invests $16,800 cash and Nichols contributes $11,200 cash and equipment with a cost of $7,840 and accumulated depreciation of $5,600 and a fair value of $3,360. Prepare the entries to record each partner's investment in the partnership. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Account Titles and Explanation Debit Credit Invested cash in business.) (Invested cash and equipment in business.)