Following are the transactions of Dennen, Inc., for the month of January a. Borrowed $21,500 from a local bank. b. Lent $7,600 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 $30 per share, received cash. d. Purchased $19,500 of equipment, paying $4,100 cash and signing a note for the rest due in one year. e. Declared and paid $4,500 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 incr sample is provided Stockholders' Equity Llabilities Notes payable 21,500.00 Assets a. Cash b. Cash Notes receivable C Cash 21,500.00 -7,600.00 7,600.00 10.00 Common stock Additional paid-in capital Notes payable d. Cash Equipment e Cash 4,100.00 19,500.00 -4,500.00 Retained earnings -4,500.00