Santana Rey created Business Solutions on October 1, 2016. The company has been successful, and Santana plans to expand her business. She believes an additional $100,000 is needed and is investigating three funding sources. a. Santana's sister Cicely is willing to invest $100,000 in the business as a common shareholder. Since Santana currently has about $150,000 invested in the business, Cicelys investment will mean that Santana will maintain about 60% ownership, and Cicely will have 40% ownership of Business Solutions. shares of $100 par value, 9% preferred stock. month for 11 years. b. Santana's uncle Marcello is willing to invest $100,000 in the business as a preferred shareholder. Marcello would purchase 1,000 C. Santana's banker is willing to lend her $100,000 on a 996, 11-year note payable. She would make monthly payments of $1,196 per Required 1. Prepare the journal entry to reflect the initial $100,000 investment under each of the options (a), (b), and (c). View transaction list Journal entry worksheet Record the issue of common stock of $100,000 cash. Note: Enter debits before credits. Transaction General Journal Debit Credit Record entry Clear entry View general journal