Athletic Performance Company (APC) was incorporated as a private company. The company's accounts included the following at July 1: Accounts Payable $ 8,300 Buildings 254,000 Cash 25,450 Common Stock 376,000 Equipment 28,500 Land 101,000 Notes Payable (long-term) 29,500 Retained Earnings 0 Supplies 4,850 During the month of July, the company had the following activities: Issued 2,500 shares of common stock for $250,000 cash. Borrowed $45,500 cash from a local bank, payable in two years. Bought a building for $234,750; paid $46,750 in cash and signed a three-year note for the balance. Paid cash for equipment that cost $155,000. Purchased supplies for $17,500 on account. Required: Analyze transactions (a)-(e) to determine their effects on the accounting equation. TIP: In transaction (c), three different accounts are affected. (Enter any decreases to account balances with a minus sign.)