Bryanger Company sells a wide range of inventories that are initially purchased on account. Occasionally, a short-term note payable is used to obtain cash for current use. The following transactions were selected from those occurring during the year a. On January 10, purchased merchandise on credit for $24.500 company uses a perpetual inventory system b. On March 1, borrowed $53,000 cash from City Bank and signed a promissory note with a face amount of 53.000, due at the end of six months, accruing Interest at an annual rate of 10.0 percent, payable at maturity Required: 1. For each of the transactions, indicate the effects (accounts and amounts) on the accounting equation (Enter any decreases to accounts with a minus sign.) Assets Liabilities Date Jan 10 March 1 Inventory Cash 24,500 53,000 Shareholders' Equity Accounts payable 24,500 Note payable 53.000 2. What amount of cash is paid on the maturity date of the note? Cash and 3. Indicate the impact of each transaction on the debt-to-assets ratio. Select "No Effect there is no impact. Assume Bryant Company had $430,000 in total liabilities and $630,000 in total assets, yielding a debt-to-assets ratio of 0.68, prior to each transaction (Round your answers to 2 decimal places.) Impact D