Cassidy has decided to start her business, Penny's Pool Service & Supply, Inc. (PPSS). There is much to do when starting a new business. Here are some transactions that have occurred in PPSS in March. a. Received $25,000 cash and a large delivery van with a value of $36,000 from Penny, who has given 4,000 shares of $0.05 par value common stock in exchange. b. Purchased land with a small office and warehouse by paying $10,000 cash and signing a 10-year note payable to the local bank for $80,000. The land has a value of $18,000 and the building's value is $72,000. Use separate accounts for land and buildings. c. Purchased new computer equipment from Dell for $2,500 cash, and purchased other office equipment for $4,000, signing a note payable due in six months to the office equipment manufacturer. d. Hired a receptionist for the office at a salary of $1,500 per month the receptionist will begin working for PPSS starting in April. e. Paid $1,000 on the note payable to the bank [in (b) above] at the end of March (ignore interest). f. Purchased short-term investments in the stock of other companies for $5,000 cash. g. Ordered $10,000 in inventory from Pool Corporation, Inc., a pool supply wholesaler to be received in April.