Deliberate Speed Corporation $($DSC$)$ was incorporated as a private company. The company's accounts included the

following at June $30$:

During the month of July, the company had the

Deliberate Speed Corporation $($DSC$)$ was incorporated as a private company. The company's accounts included the

following at June $30$:

During the month of July, the company had the following activities:

a$.$ Issued $5,800$ shares of common stock for $$580,000$ cash.

b$.$ Borrowed $$111,000$ cash from a local bank, payable in two years.

c$.$ Bought a building for $$290,500$; paid $$104,000$ in cash and signed a three$-$year note for the balance.

d$.$ Paid cash for equipment that cost $$217,000.$

e$.$ Purchased supplies for $$30,250$ on account.

following activities:

a$.$ Issued $5,800$ shares of common stock for $$580,000$ cash.

b$.$ Borrowed $$111,000$ cash from a local bank, payable in two years.

c$.$ Bought a building for $$290,500$; paid $$104,000$ in cash and signed a three$-$year note for the balance.

d$.$ Paid cash for equipment that cost $$217$U$,000.$

e$.$ Purchased supplies for $$30,250$ on account.