Bloom and Plant organize a partnership on January 1. Bloom's initial investment consists of $1,900 cash, $2,800 equipment and a $1,300 note payable reflecting a bank loan for the new business. Plant's initial investment is cash of $6,000. These amounts are the values agreed on by both partners. The journal entry to record Plant's investment is:

Debit Cash $4,700; debit Note Payable $1,300; credit Plant, Capital $6,000.

Debit Cash $6,000; credit Note Payable $1,300, credit Plant, Capital $4,700.

Debit Bloom, Capital $6,000; credit Cash $6,000.

Debit Cash $7,300; credit Note Payable $1,300; credit Plant, Capital $7,300.

Debit Cash $6,000; credit Plant, Capital $6,000.