DO IT IN EXCEL n April 1, 20, Arthur Parnell, Stan Sudol, and Emily Mathur formed a partnership. Arthur Parnell invested $30,000 cash. Stan Sudol invested $10,000 cash, $1,000 of office furniture, and $15,000 of merchandise inventory. Emily Mathur invested $8,000 of office equipment, $5,000 of merchandise inventory, $7,000 cash, and $5,000 of accounts payable. (a)Record a General Journal entry for each partners investment in the new partnership. (b)What is the total equity value of this partnership