Aracel Engineering completed the following transactions in the month of June a. Jenna Aracel, the owner, invested $100.000 cash, office equipment with a value of $5,000, and $60,000 of drafting equipment to launch the company b. The company purchased land worth $49,000 for an office by paying $6.300 cash and signing a long-term note payable for $42,700 c. The company purchased a portable building with $55,000 cash and moved it onto the land acquired in b. d. The company paid $3,000 cash for the premium on an 18-month insurance policy e. The company completed and delivered a set of plans for a client and collected $6,200 cash. t. The company purchased $20.000 of additional drafting equipment by paying $9500 cash and signing a long- term note payable for $10.500 g. The company completed S14.000 of engineering services for a client. This amount is to be received in 30 days h. The company purchased $1,150 of additional office equipment on credit I. The company completed engineering services for $22.000 on credit j. The company received a bill for rent of equipment that was used on a recently completed job. The $1,333 rent cost must be paid within 30 days k. The company collected $7000 cash in partial payment from the client described in transaction g . The company paid $1.200 cash for wages to a drafting assistant m. The company paid $1,150 cash to settle the account payable created in transaction h. n. The company paid $925 cash for minor maintenance of its drafting equipment o. Jenna Aracel withdrew $9.480 cash from the company for personal use p. The company paid $1.200 cash for wages to a drafting assistant q. The company paid $2.500 cash for advertisements on the Web during June