Assume Down.com was organized on May 1, to compete with Despair.com-a company that sells de- motivational posters and office products. The following events occurred during the first month of Down.com's operations. a. Received $36,000 cash from the investors who organized Down.com Corporation. b. Borrowed $15,000 cash and signed a note due in two years. c. Ordered equipment costing $18,000. d. Purchased $6,000 in equipment, paying $2,000 in cash and signing a six-month note for the balance. e. Recelved the equipment ordered in (d. paid for half of it, and put the rest on account