Evaluate the effect of each transaction by constructing a balance sheet showing an assets side and a liabilities + networth side. Transaction (a) Samuel Specthrie establishes SS Manufacturing, paying $375,435 cash for the entire capital stock. (b) Paid $68,000 cash for a building site. (c) Erected building costing $179,000, paying $56,000 cash and issuing a $137,000 first mortgage for the balance (d) Borrowed $70,000 cash from First National Bank. (e) Bought furniture, costing $25,590 on an open account from Wood Furniture Co. (f) Purchased $58,000 of tools from Universal Tool on credit. (g) Bought $60,720 of computer equipment from Byte Co. for cash. (h) Returned $15,000 of faulty tools to Universal Tool. (i) Paid $35,000 in reduction of bank loan. (j) Bought $60,450 of U.S. Treasury bonds for cash.