Restore the file Boston Catering. Add the following transactions and then print a standard balance sheet as of 7/31/10.

a. On 7/6/10, the company sold 1,000 shares of common stock to a new private investor (Broad Investments) for \($50,000\). Funds were deposited directly into the company’s checking account on the same date on their check 23413.

b. On 7/8/10, the company borrowed \($25,000\) from Bank of America at 8% due in four years. Bank of America’s check 823908 was deposited directly into the company’s checking account on the same date after the company signed the long-term note payable.