Following are the transactions of Dennen, Inc., for the month of January.

1. Borrowed $28,000 from a local bank.

2. Lent $7,100 to an affiliate; accepted a note due in one year.

3. Sold to investors 70 additional shares of stock with a par value of $0.10 per share and a market price of $15 per share; received cash.

4. Purchased $21,000 of equipment, paying $5,100 cash and signing a note for the rest due in one year.

5. Declared and paid $4,800 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.