Griffin Service Company, Incorporated, was organized by Bennett Griffin and five other investors (that is, six in total). The following activities occurred during the year: a. Received $83,000 cash from the six investors; each investor was issued 9,700 shares of common stock with a par value of $0.10 per share. b. Signed a five-year lease for $169,500 for the right to use a building each year. c. Purchased equipment for use in the business at a cost of $31,000; one-fourth was paid in cash and the company signed a note for the balance (due in six months). d. Signed an agreement with a cleaning service to pay $250 per week for cleaning the corporate offices next year. e. Recelved an additional contribution from investors who provided $4,300 in cash and land valued at $28,000 in exchange for 2,300 shares of stock in the company. f. Lent $3,800 to one of the investors, who signed a note due in six months. g. Bennett Griffin borrowed $8,300 for personal use from a local bank, signing a one-year note. Required: 1. For each of the preceding transactions, record the effects of the transaction in the appropriate T-accounts. \begin{tabular}{|l|l|l|l|} \hline \multicolumn{2}{|c|}{ Operating Lease Right-of-Use Assets } \\ \hline \multicolumn{1}{|c|}{ Deblt } & & Credit \\ \hline Beginning Balance & & & \\ \hline & & & \\ \hline \end{tabular}