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 $98,000 is needed and is investigating three funding sources. a. Santana's sister Cicely is willing to invest $98,000 in the business as a common shareholder. Since Santana currently has about $147,000 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 $98,000 in the business as a preferred shareholder. Marcello would purchase 980 shares of $100 par value, 7% preferred stock c. Santana's banker is willing to lend her $98,000 on a 7%, 12-year note payable. She would make monthly payments of $1,008 per month for 12 years. Required: 1. Prepare the journal entry to reflect the initial $98,000 investment under each of the options (a), (b), and (c). View transaction list Journal entry worksheet