Santana Rey created Business Solutions on October 1, 2018. The company has been successful, and Santana plans to expand her business. She believes that an additional $92,000 is needed and is investigating three funding sources. a. Santana's sister Cicely is willing to invest $92,000 in the business as a common shareholder. Since Santana currently has about $138,000 invested in the business, Cicely's investment will mean that Santana will maintain about 60% ownership and Cicely will have 40% ownership of Business Solutions. b. Santana's uncle Marcello is willing to invest $92,000 in the business as a preferred shareholder. Marcello would purchase 920 shares of $100 par value, 8% preferred stock. C. Santana's banker is willing to lend her $92,000 on a 8%, 10-year note payable. She would make monthly payments of $1,116 per month for 10 years. Required: 1. Prepare the journal entry to reflect the initial $92,000 investment under each of the options (a), (b), and (c). View transaction list Journal entry worksheet 1 2 3 Record the issue of common stock of $92,000 cash. Note: Enter debits before credits. Required: 1. Prepare the journal entry to reflect the initial $92,000 investment under each of the options (a), (b), and (c). View transaction list Journal entry worksheet Record the issue of common stock of $92,000 cash. Note: Enter debits before credits. Transaction General Journal Debit Credit View general journal Record entry Clear entry answer Required: 1. Prepare the journal entry to reflect the initial $92,000 investment under each of the options (a), (b), and (c). View transaction list Journal entry worksheet