Recording Partrvers Original Inveitment Kimberly Payne and Arionna Moples decide to form a partinership by combining the assets of their separate bushesses. Payne contributes the following aisets to the partnerstip: cash, $10,020; accounts receivable with a face amount of $105,210 and an allowance foc doubcful accounts of $3,800; merchandise inventory wath a cost of $82,600; and equipment with a cost of $167,900 and accumulated deprecianion of $109,140 The parthers agree that $4,630 of the accounts recelvable are completely worthless and sre not to be acepted by the parthership, that $7, also is a reasonable allowance for the uncoliectibility of the reenaining accounts, that the merchandise inventery is to be recorded at the current market price of $77,640, and that the equipment is to be valued at $74,040. Journalite the parthership's entry to record Payes's investment. For a compound transaction, if an amount box does not require an entry, leave it biank