107. Scott, Kim and Keko organized the SKK Corporation on January 1, 20A. Each of these owners invested $25,000 cash and received shares of stock. Below are selected transactions that were completed during January (A) Give the entry on SKK's books for each transaction: (1) Sold stock to the owners. (2) Borrowed $80,000 on one-year note payable. (3) Purchased land by signing a $30,000 note payable. (4) Paid $10,000 of accounts payable. (5) Purchased two service vehicles, $18,000 each; paid cash. (6) Purchased $2,000 of supplies on credit. (B) Complete the following based only on the 6 transactions above: Assets Liabilities Stockholders' equity $ $