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Hershey's Innovations is formed with Alice contributing $115,000 in cash and $25,000 worth of equipment, and Bob contributing $85,000 in cash and $55,000 worth of
Hershey's Innovations is formed with Alice contributing $115,000 in cash and $25,000 worth of equipment, and Bob contributing $85,000 in cash and $55,000 worth of inventory. Prepare a balance sheet for Hershey's Innovations after formation, assessing the financial stability of the partnership.
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