Following are the transactions of Dennen, Inc., for the month of January a. Borrowed $30,000 from a local bank. b. Lent $10,000 to an affiliate; accepted a note due in one year c. Sold to investors 100 additional shares of stock with a par value of $0.10 per share and a market price of $5 per share; received cash d. Purchased $15,000 of equipment, paying $5,000 cash and signing a note for the rest due in one year. e. Declared and paid $2,000 in dividends to stockholders For each of the above transactions of Dennen, Inc., for the month of January, indicate the accounts, amounts, and direction of the effects (+ for increase and - for decrease) on the accounting equation. A sample is provided Assets Liabilities Stockholders' Equity 30,000 Notes payable 10,000 30,000 10,000 a. Cash b. Notes receivable ash c. Cash 500 Common stock 10 490 5,000 10,000 2,000 Additional paid-in capital d. Equipment 15,000Cash otes payable e. Retained earnings 2,000 Cash