Entries and Balance Sheet for Partnership On April 1, 20Y1, Whitney Lang and Eli Capri form a partnership. Lang agrees to invest $15,200 cash and merchandise inventory valued at $41,000. Capri invests certain business assets at valuations agreed upon, transfers business liabilities, and contributes sufficient cash to bring his total capital to $102,000. Details regarding the book values of the business assets and liabilities, and the agreed valuations, follow: Capri's Ledger Agreed-Upon Balance Balance Accounts Receivable $23,300 $18,900 Allowance for Doubtful Accounts 1,000 1,300 Merchandise Inventory 27,100 36,300 Equipment 45,600 44,200 Accumulated Depreciation Equipment 15,200 Accounts Payable 8,200 8,200 Notes Payable (current) 5,000 5,000 The partnership agreement includes the following provisions regarding the division of net income: interest of 12% on original investments, salary allowances of $45,600 (Lang) and $27,800 (Capri), and the remainder equally. Required: 1. Journalize the entries to record the investments of Lang and Capri in the partnership accounts. If an amount box does not require an entry, leave it blank