For each of the following transactions of Spotlighter, Inc., for the month of January, indicate 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.) (Sample) Borrowed $5,240 from a local bank on a note due in six months. Received $5,930 cash from investors and issued common stock to them. Purchased $2,300 in equipment, paying $850 cash and promising the rest on a note due in one year. Paid $950 cash for supplies. Bought and received $1,350 of supplies on account.