Eclipse Anchitects earned 31,800 firm reduced revenues to s1,410,000 and redue a. Determine the 000 during 20Y1 using 12 employees. During 20%2. te the staff to nine emple enue per employee for each year h. Interpret the results es Ex 12-1 Recording partner's original investment Kimberly Payne and Arionna Maples decide to form a partnership by combining the assets of their separate businesse s. Payne contributes the following assets to the h $20,000; accounts receivable with a face amount of $145,000 and an allowance for doubtful accounts of $4,200 of $92,000; and eq of $45,000 ; merchandise inventory with a cost uipment with a cost of $136,000 and accumulated depreciation ree that $5,000 of the accounts receivable are completely worhless and are not to be acepted by the partnership, that $4,400 is a reasonable allowance for the uncollectibility of the remaining accounts, that the merchandise inventory is to be recorded at the current market price of $101,700, and that the equipment is to be valued at $81.200 Journalize th e partnership's entry to record Payne's investment EX 12-2 Recording partner's original investment Hannah Freeman and Hugo Hernandez form a partnership by combining assets former businesses. The following balance sheet information is provded by sole proprietorship