d. Sold equipment at its cost for $4, [JED cash. e. Purchased $2.980 in short-term investments for cash. t. Purchased property: plant, and equipment; paid $1,330 in cash and signed additionai iongterm notes for $9.4m. 9. Sold at cost other assets for $31G cash. h. Deciared and paid $300 in dividends. Required: 1. Create Taccounts for each of the accounts on the balance sheet; enter the balances at June 3t]. 2011. 2. Record each of the transactions for the first quarter ended September 31\".], 2011, in the Taccounts {including referencing} and determine the ending balances. 3. Explain your response to event (c). 4. Prepare a trial balance at September 3t). 2611. 5. Prepare a classied balance sheet at September 31\".], mm. 5. Compute the current ratio for the quarter ended September 3D, 211. What does this suggest about Ethan Allen Interiors, Inc