Following are the transactions of Dennen, Inc., for the month of January 2015. The effect of these transactions is not included in the beginning balances shown.

a.	Borrowed $21,000 from a local bank.
b.	Lent $8,000 to an affiliate; accepted a note due in one year.
c.	Sold 100 additional shares of stock with a par value of $0.10 per share to investors for $400 cash.
d.	Purchased $14,100 of equipment, paying $5,100 cash and signing a note for the rest due in one year.
e.	Declared and paid $1,600 in dividends to stockholders.