On March 1, 20Y8, Eric Keene and Alone Wallace form a partnership. Kenne agrees to invest $21,060 in cash and merchandise tiventory valued at $98.290. Wallace invests certain buntness anets nt valuations agreed upon, transfers business liabilites, and contributes tufficient cuth to bring het total capital to $89,950. Details regarding the book values of the business assets and liabilities, and the agreed Valuations, follow . Accounts Recovable Allowance for Doubtful Account Equipment Accumulated Depreciation Accounts Payable Notes Payable current Wallace's Lodger Agreed-upon Balance Valuation 518,650 $17,770 1.950 3.230 54.100 30.250 14,010 14910 35.670 35,070 The partneri.ngrenmatt in the following proviene regarding the division of net income interest on original investments at 10%, toly allowance et $22.000 (Kooney and $30,270 (Wwface), and the remainder equally 2. Prepare a balance sheet as of March 1, 2048, he date of formation of the partnership of Koone and Wine Feter to the Chart of Accounts and the list of Labels and Amour Descriptions provided for the exact wording of the answer choices for text entries. Enter current assets in onder af Aquility2038", "Add", or colons () wil automaticonly accer required Keene and Wallace Balance Sheet March 1, 2018 Assets Previous 10 11 Ubilities 12 (Label 15 14 Partners' Equity 17 19