Aracel Engineering completed the following transactions in the month of June. a. J. Aracel, the owner, invested $230,000 cash, office equipment with a value of $9,200, and $66,000 of drafting equipment to launch the company in exchange for common stock. b. The company purchased land worth $52,000 for an office by paying $8,400 cash and signing a note payable for $43,600. c. The company purchased a portable building with $54,000 cash and moved it onto the land acquired in b. d. The company paid $3,600 cash for the premium on an 18 -month insurance policy. e. The company provided services to a client and collected $9,200 cash. f. The company purchased $22,000 of additional drafting equipment by paying $11,400 cash and signing a note payable for $10,600. g. The company completed $14,500 of services for a client. This amount is to be received in 30 days. h. The company purchased $1,900 of additional office equipment on credit. i. The company completed $26,000 of services for a customer on credit. j. The company purchased $1,633 of TV advertising on credit. k. The company collected $8,000 cash in partial payment from the client described in transaction g. i. The company paid $1,900 cash for empioyee wages. m. The company paid $1,900 cash to settle the account payable created in transaction h. n. The company paid $1,185 cash for repairs. o. The company paid a $10,690 cash dividend. p. The company paid $1,300 cash for employee wages. q. The company paid $2,700 cash for advertisements on the Web during June. Aracel Engineering completed the following transactions in the month of June. a. J. Aracel, the owner, invested $230,000 cash, office equipment with a value of $9,200, and $66,000 of drafting equipment to launch the company in exchange for common stock. b. The company purchased land worth $52,000 for an office by paying $8,400 cash and signing a note payable for $43,600. c. The company purchased a portable building with $54,000 cash and moved it onto the land acquired in b. d. The company paid $3,600 cash for the premium on an 18 -month insurance policy. e. The company provided services to a client and collected $9,200 cash. f. The company purchased $22,000 of additional drafting equipment by paying $11,400 cash and signing a note payable for $10,600. g. The company completed $14,500 of services for a client. This amount is to be received in 30 days. h. The company purchased $1,900 of additional office equipment on credit. i. The company completed $26,000 of services for a customer on credit. j. The company purchased $1,633 of TV advertising on credit. k. The company collected $8,000 cash in partial payment from the client described in transaction g. i. The company paid $1,900 cash for empioyee wages. m. The company paid $1,900 cash to settle the account payable created in transaction h. n. The company paid $1,185 cash for repairs. o. The company paid a $10,690 cash dividend. p. The company paid $1,300 cash for employee wages. q. The company paid $2,700 cash for advertisements on the Web during June