Recording Partner's Original Investment Hannah Freeman and Hugo Hernandez form a partnership-by combining assets of their former businesses. The following balance sheet information is provided by Freeman, sole proprietorship: Hannah Freeman Proprietorship Balance Sheet June 1, 2013 Cash Accounts receivable Less: Allowance for doubtful accounts $45,150 $84,900 5,000 29,900 Land 203,000 Equipment $79,000 Less: Accumulated depreciation-equipment 40,000 30,200 Total assets $358,250 Accounts payable Notes payable $25,300 72.850 260,100 Hannah Freeman, capital Total abilities and owner's equity Check My Work $358,250 Next Load parame Save and the Sand Avsgrima for Grading