During a short period after December 31, Phillips Truck Rental had the following transactions. Bought office equipment at a cost of $3,000. Paid cash. Collected $5,200 of accounts receivable. Paid $3,000 of accounts payable. Borrowed $10,000 from a bank. Signed a note payable for that amount. Purchased two trucks for $31,000. Paid $15,000 cash and signed a note payable for the balance. Sold additional stock to investors for $81,000.