K$.$ Decker, S$.$ Rosen, and E$.$ Toso are forming a partnership. Decker is transferring $$50,000$ of personal cash to the partnership. Rosen

owns land worth $$11,000$ and a small building worth $$83,400,$ which she transfers to the partnership. Toso transfers to the

partnership cash of $$10,200,$ accounts receivable of $$35,300,$ and equipment worth $$21,900.$ The partnership expects to collect

$$31,770$ of the accounts receivable.

$($a$)$

Your answer is correct.

Prepare the joumal entries to record each of the partners' investments. $($Credit account titles are automatically indented when

amount is entered. Do not indent manually.$)$

Account Titles and Explanation

Debit

Credit

Cash

Decker, Capltal

$($To record investment of Decker.$)$

Land

Bulldings

Rosen, Capltal

$($To record investment of Rosen.$)$

Cash

Accounts Recelvable

Equlpment

Allowance for Doubtful Accounts

Toso, Capltal

$($To record investment of Toso.$)$

eTextbook and Media

$($b$)$

What amount would be reported as total owners' equity immediately after the imvestments?