Help Saves Cha Mike Derr and Mark Finger form a partnership by combining assets of their separate businesses. The following balance sheet is from Derr's sole proprietorship. The market value of Derr's equipment is $7,000 and market value of land is $10.000 Balance Sheet Assets Cash Supplies Equipment Accumulated depreciation-Equip. Land Total assets $3,000 5,000 $ 21,000 (17,000) 4.000 Liabilities Accounts payable Notes payable Total liabilities Equity n. Derr, Capital Total liabilities and equity 5.100 11,660 518,000 $18. Prepare the partnership's journal entry to record Derr's investment View transaction list Journal entry worksheet