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 in exchange for common stock. 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 f. The company purchased $20,000 of additional drafting equipment by paying $9.500 cash and signing a long-term note payable for $10,500 9. The company completed $14,000 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 e company received a bil 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 kash in partial payment from the client described in transaction g I. The company paid $1.200 cash for wages to a drafting assistant m. The company paid $1150 cash to settle the account payable created in transaction h. n. The company paid $925 cash for minor maintenance of its drafting equipment. o. The company paid $9.480 cash in dividends 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