On october $1,20$Y$8,$ Jacinto Suarez and Tricia Fritz from a partnership. Suarez agrees to invest $$20,960$ in cash and inventory valued at $$56,060.$ Fritz invests certain business assets at valuations agreed$-$upon, transfers business liabilities, and contribute sufficient cash to bring Fritz's total capital to $$59,510.$ Details regarding the book values of the business assets and liabilities, and the agreed valuations, follow: