Seghe Kiscan and Susan Watson are forming a partship to develpajme park Can City, Flonds Kecan contributes cash of $1,000,000 and lend with a current market value of $11,500,000. When heed the land in 2013, e col was $4,000,000. The partnership will assume Ken's $5,250,000 note payable on the land Watson cantibus cash of $3,000,000 and equipment with scument market value of $8.500.000 Requirements tunals the partnership's receipt of assets and labies from Kecam and from Watson 2. Compuie the partnership's totales, total labits, and total partners' equity immediately after aging Requirement 1. Joumals the partnerships ceipt of assets and lab Im Klecan and from Watson of the credits Select t Filent the witry for Sophie an investmen Cate Accounts Explanation Debit Credt