Conway Shelton contributed land, inventory, and $58,000 cash to a partnership. The land had a book value

Question:

Conway Shelton contributed land, inventory, and $58,000 cash to a The land had a book value of $40,000 and a market value of $68,000. The inventory had a book value of $50,000 and a market value of $45,000. The also assumed a $20,000 note payable owed by Shelton that was used originally to purchase the land.
Provide the journal entry for Shelton's contribution to the Partnership
A legal form of business operation between two or more individuals who share management and profits. A Written agreement between two or more individuals who join as partners to form and carry on a for-profit business. Among other things, it states...