4. Shanna Engel started up a new nonprofit organization in 2017 named Concern for Animal Shelter and Habitats (CASH). The organization places homeless animals in permanent homes. Transactions during the first month of operations were as follows: Borrowed $50,0oo from a local bank. No interest is due on the loan during the first month, and the principal does 1. not have to be paid back for 2 years. 2. Signed a contract with a local carpen- ter to build a fence to enclose the back- yard. The carpenter charges $250 per hour and expects the fence to take 10 hours to complete. He expects to begin work next month