David Matt and Chris are forming The Doctor Partnership. David is transferring $30000 of personal cash and equipment worth $25000 to the partnership. Matt owns land worth $18000 and a small building worth $75000 which he transfers to the partnership. There is a long-term mortgage of $20000 on the land and building which the partnership assumes. Chris transfers cash of $7000 accounts receivable of $36000 supplies worth $3000 and equipment worth $22000 to the partnership. The partnership expects to collect $32000 of the accounts receivable. Prepare a classified balance sheet for the partnership after the partners investments on December 31 2012.