Bearings & Brakes Corporation (B&B) was incorporated as a private company. The companys accounts included the following at June 30: Accounts Payable $53,000 Buildings 510,000 Cash 91,000 Common Stock 180,000 Equipment 150,000 Land 449,000 Notes Payable (long-term) 6,000 Retained Earnings 971,000 Supplies 10,000 During the month of July, the company had the following activities: Issued 3,000 shares of common stock for $300,000 cash. Borrowed $65,000 cash from a local bank, payable in four years. Bou