For each of the following transactions of Spotlighter, Inc., for the month of January, ndicate the accounts, amounts, and direction of the effects on the accounting equation A sample is provided. (Enter any decreases to account balances with a minus sign.) a. (Sample) Borrowed $3,940 from a local bank on a note due in six months b. Received $4,630 cash from investors and issued common stock to them. C Purchased $1000 in equipment, paying $200 cash and promising the rest on a note due in one year. d. Paid $300 cash for supplies. e. Bought and received $700 of supplies on account a. Cash b: C d e Assets Liabilities Stockholders Equity 3.940 Notes Payable (short-term) 3,940