Recording Partner's Original Investment Kimberly Payne and Arionna Maples decide to form a partnership by combining the assets of their separate businesses, Payne contributes the following assets to the partnership: cash, $14,360; accounts recelvable with a face amount of $150,780 and an allowance for doubtful accounts of $5,440; merchandise imventory with a cost of $88,240; and equipment with a cost of $144,830 and accumulated depreciation of $94,140. The partners agree that $6,630 of the accounts receivable are completely worthiess and are not to be accepted by the partnership, that $21,310 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 $82,950, ond that the equipment is to be valued at 563,870 . Journalize the parthership's entry to record Payne's investment. For a compound transaction, if an amount box does not require an entry, leave it blank Hannah Freeman and and Hugo Hernandez form a parthership by combining assets of their former businesses. The following balance sheet Information is provided by Freeman, sole proprietorship