a. Collected a total of $32,500 from the organizers and, in turn, issued the shares of stock. b Purchased a building for $82,750, equipment for $39,500, and three acres of land for $23,700, paid $24,750 in cash and signed a note for the balance, which is due to be paid in 15 years. c. One stockholder reported to the company that 450 shares of his ABT stock had been sold and transferred to another stockholder for $4,500 cash. d. Purchased supplies for $5,900 cash. e Sold one acre of land for $7,900 cash to another company. During the first month, the records of the company were inadequate. You were asked to prepare a summary of the preceding transactions. To develop a quick assessment of their economic effects on ABT, complete the spreadsheet that follows. (Enter any decreases to account balances with a minus sign.)