please solve

Partnerships 1. On February 1, 2020, H. Ford and S. Ellott formed a partnershlp for an accounting firm. Ford irvests $20,000 cash and Elliott irvests $5,000 cash plus office equipment he purchased for $45,000 that carries an accurmulated amortization of $12,000. The partners agree that the office equipment has a fair market value of $28,000. Prepare the joumal entry for the formation of the business