Catrina Santan contributed a patent, accounts receivable, and $22,110 cash to a partnership. The patent had a book value of $7,980. However, the tehcnology covered by the patent appeard to have significant market potential. Thus, the patent was appraised at $90,080. The accounts receivable control account was $34,890, with an allowance for doubtful account of $1,970. The partnership also assumed a $10,570 account payable owed to a Santana supplier. On December 31, provide the journal entry.