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Santana Rey created Business Selulicns dn Dcteber 1, 2m 5. The cunpa'ry has been successful, and Santana plats tn expand her business- She believes that

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Santana Rey created Business Selulicns dn Dcteber 1, 2m 5. The cunpa'ry has been successful, and Santana plats tn expand her business- She believes that an adiilicnnal S is needed and is 'lrvesligaling three tirnd'lrg seurces. a. Santana's sister lCicely is willing te invest Et} in the business as a mmmcn sharehclder. Since Santana currentfy has more 95129.0(") invested in the business, Cicely's invesbnerrt vril mean that Santana wit maintain about Edit: csvnershi}, and Cicely rIviI have elm dwnerstip cf Bushess Seldicns- b. Santana's mcle Marcelle is rIvIIing to invest 335,00!) it the business as a preferred sharehdlder. Marcella would purchase ace shares ef$1l1 par value, It'll. preferred steclL c. Santana's barker is wil'lrg to lend her Hindi] an a re, till-year ndte payable She weuld matte mbnthty payments at s1,cec per mnnth fur 1t] years. Requied: 1. Prepare the jeumsl entry tcr reect the initial itllil] 'nvestrnerrt under each at the upticns {a}, {b}, and EC}

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