Assume

Downer.com was organized on May $1,$ to compete with Despair, Inc$--$a company that sells de$-$motivational posters and office products. The following events occurred during the first month of

Downer.com's operations.

a$.$ Received $$87,000$ cash from the investors who organized

Downer.com Corporation.

b$.$ Borrowed $$26,500$ cash and signed a note due in two years.

c$.$ Ordered computer equipment costing $$14,000.$

d$.$ Purchased $$9,500$ in equipment, paying $$3,300$ in cash and signing a six$-$month note for the balance.

e$.$ Received the equipment ordered in $($c$),$ paid for half of it$,$ and put the rest on account.

Required:

For each of the events $($a$)$ through $($e$),$ perform transaction analysis and indicate the amount of effect on the accounting equation. $($Enter any decreases to account balances with a minus sign.$)$

$\backslash$table$[[,$Assets,$\backslash$table$[[$Shareholders$\text{'}],[$Equity$]],,,],[,$Cash,Equipment,$\backslash$table$[[$Accounts$],[$Payable$]],\backslash$table$[[$ST Notes$],[$Payable$]],\backslash$table$[[$LT Notes$],[$Payable$]],\backslash$table$[[$Contributed$],[$Capital$]]],[$Beg$.,,,,,,],[$a$.,,,,,,],[$b$.,,,,,,],[$c$.,,,,,,],[$d$.,,,,,,],[$e$.,,,,,,],[$End$.,,,,,,]]$