John and Jane decided to engage in a real estate venture as a partnership. John invested $100,000 cash and Jane provided office equipment that is carried on her books at $82,000. The partners agree that the equipment has a fair value of $110,000. There is a S30.000 note payable remaining on the equipment to be assumed by the partnership. Required: a. Record the partnership formation where no specific capital allocation is indicated in the agreement. b. Record the partnership formation under the bonus method with each partner receiving an equal capital interest in the partnership. c. Record the partnership formation under the goodwill method with each partner receiving an equal capital interest in the partnership.