Hall Engineering completed the following transactions in the month of June. Using the following transactions, record journal entries, create financial statements, and assess the impact of each transaction on the financial statements. June 1 Debbie Hall, the owner, invested $128,000 cash, office equipment with a value of $12,000, and $74,000 of drafting equipment to launch the company in exchange for common stock. June 2 The company purchased land worth $56,000 for an office by paying $16,100 cash and signing a long-term note payable for $39,900. June 3 The company purchased a portable building with $48,000 cash and moved it onto the land acquired on June 2 . June 4 The company paid $7,200 cash for the premium on an 18-month