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The post-closing trial balances of two proprietorships on January 1,2022, are presented below. Sorensen and Lucas decide to form a parthership, Gulfumber Company, With the

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The post-closing trial balances of two proprietorships on January 1,2022, are presented below. Sorensen and Lucas decide to form a parthership, Gulfumber Company, With the following agreed upon valuatio Sorensen and Lucas decide to form a partnership. Cullumber Compary, with the following aereed upon valuations for noncash assets. Alcashwis be transferred to the parthership. and the partnershipwil aseume all the ifabilieies of the two proprietorships ( 3 ) occount titien are thitometicolf inderitid when amount is eriteneif 6 o not indent maranin? Furthar, it is a gresd that Soranaan will invast an additionai 56,200 in cash, and Lueas will imvest an addieional 523.600 in eash. Do not indent manualiyed

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