What will be residual baises for Parntership and corporation for the folloing: Andy will contribute the following: Cash $10,000 Accounts Receivable $5,000 Inventory of Bicycles at cost $22,000 (sales value = $48,000) Accounts Payable $2,000.  Floyd will contribute the following: Cash $15,000 Land at cost $10,000 (market value $15,000) Building Cost $ 120,000 (market value $80,000) Useful life 40 years Residual Value $20,000 Accumulated depreciation to date $5,000 (2 years @ straight line method) Mortgage payable $70,000, interest only, payable monthly, balance due in 8 years.Andy will contribute the following: Cash $10,000 Accounts Receivable $5,000 Inventory of Bicycles at cost $22,000 (sales value = $48,000) Accounts Payable $2,000.  Floyd will contribute the following: Cash $15,000 Land at cost $10,000 (market value $15,000) Building Cost $ 120,000 (market value $80,000) Useful life 40 years Residual Value $20,000 Accumulated depreciation to date $5,000 (2 years @ straight line method) Mortgage payable $70,000, interest only, payable monthly, balance due in 8 years.