26 Saved Required information The following information applies to the questions displayed below) Laser Delivery Services, Inc. (LDS), was incorporated January 1. The following transactions occurred during the year: a. Received $25,000 cash from the company's founders in exchange for common stock b. Purchased land for $8,000. signing a two-year note ignore interest) c. Bought two used delivery trucks at the start of the year at a cost of $7,000 each; paid $1000 cash and signed a note due in three years for $13,000 ignore interest) d. Pald $1,000 cash to a truck repair shop for a new motor, which increased the cost of one of the trucks e. Stockholder Jonah Lee paid $200,000 cash for a house for his personal use. 4. Prepare a classified balance sheet for LDS at December 31. Include Retained Earnings on the balance sheet even though the account has a zero balance LASER DELIVERY SERVICES, INC Balance Sheet O