Question: Chadd and Cecil decided to start a partnership called C3 Consulting on January 1, 2022. Each of them contributed a number of items to the partnership, which are listed below. All tangible assets are listed at their market value. Chadd Cash $58,000 Equipment 142,000 Bank Loan 55,000 and Cecil Cash $42,500 Furniture 81,400 Accounts Payable 47,000 On March 1, Chadd and Cecil added a new partner to the business, Chuck. Chuck will contribute $94,000 and receive a 34% share of the business. Use the capital balances from January 1 to determine any bonuses. Assume the existing partners will split any bonus evenly. Complete all journal entries