Current Attempt in Progress Barbara Anderson and Fred White decide to organize the Sandhill partnership. Anderson invests $14,700 cash and White contributes $9,800 cash and equipment with a cost of $6,860 and accumulated depreciation of $4,900 and a fair value of $2,940. Prepare the entries to record each partner's investment in the partnership. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)