CheapBooks Incorporated (CI) had the following business activities, for which you are to prepare journal entries. Reference each journal entry to the transaction number, shown below (Omit the "$" sign in your response.) Stockholders invest $37,000 cash in the corporation. CI purchased $700 of office supplies on credit. CI purchased office equipment for $11,000, paying $2, 300 in cash and signing a 30-day note payable for the remainder. CI paid $350 cash on account for office supplies purchased in transaction 2. CI purchased two acres of land for $13,000, signing a 2-year note payable. CI sold one acre of land at one-half of the total cost of the two acres, receiving the full amount or $6, 500 in cash. CI made a payment of $6, 500 on its 2-year