Not Answered 5. Not Answered 6. Not Answered 7. Not Answered Check My Work (2 remaining) eBook Recording Partner's Original Investment Gwen Delk and Alliesha Johnson decide to form a partnership by combining the assets of their separate businesses. Delk contributes the following assets to the partnership: cash, $21,540; accounts receivable with a face amount of $226,170 and an allowance for doubtful accounts of $8,160; merchandise inventory with a cost of $83,300; and equipment with a cost of $141,870 and accumulated depreciation of $92,220. The partners agree that $9,950 of the accounts receivable are completely worthless and are not to be accepted by the partnership, that $16,960 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 $78,300, and that the equipment is to be valued at $62,560. Hide Journalize the partnership's entry to record Delk's investment. For a compound transaction, if an amount box does not require an entry, leave it blank.