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 solected from those occurring during the year: a. On January 10 , purchased merchandise on credit for $26,500; company uses a perpetual inventory system b. On March 1, borrowed $57,000 cash from City Bank and signed a promissory note with a face amount of 57,000 , due at the end of six months, accruing interest at an annual rate of 7.5 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.) 2. What amount of cash is paid on the maturity date of the note? 3. Indicate the impoct of each transaction on the debt-to-assets ratio. Select "No Effect" if there is no impoct. Assume Bryant Company had $470,000 in total liabilities and $670,000 in total assets, yleiding a debt-to-assets ratio of 0.70 , prior to each transaction. (Round your answers to 2 decimal places.)