Athletic Performance Company (APC) was incorporated as a private company. The company's accounts included the following at July 1 : During the month of July, the company had the following activities: During the month of July, the company had the following activities: a. Issued 3,600 shares of common stock for $360,000 cash. b. Borrowed $47,000 cash from a local bank, payable in two years. c. Bought a building for $204,750; paid $41,750 in cash and signed a three-year note for the balance. d. Paid cash for equipment that cost $250,000. e. Purchased supplies for $14,600 on account. \begin{tabular}{|l|l|l|} \hline \multicolumn{2}{|c|}{ Accounts Payable } \\ \hline Beginning Balance & & \\ \hline & & \\ \hline Ending Balance & & \\ \hline & & \\ \hline Debit & & \\ \hline Beginning Balance & & \\ \hline & & \\ \hline & & \\ \hline Ending Balance & & \\ \hline & \\ \hline \end{tabular}