Harrigan Service Company, Inc., was incorporated by Ian Harrigan and five other managers. The following activities occurred during the year: Received $69,600 cash from the managers; each was issued 1,160 shares. Purchased equipment for use in the business at a cost of $44,000; one-fourth was paid in cash and the company signed a note for the balance (due in six months). Signed an agreement with a cleaning service to pay it $600 per week for cleaning the corporate offices, beginning next week. Ian Harrigan borrowed $18,000 for personal use from a local bank, signing a one-year note. Required: 1. Create T-accounts for the following accounts: Cash, Equipment, Note Payable, and Contributed Capital. Beginning balances are zero. For each of the above transactions, record its effects in the appropriate T-accounts. Include referencing and totals for each T-account. 2. Using the balances in the T-accounts, enter the following amounts for the accounting equation. 3. This part of the question is not part of your Connect assignment.