Harrigan Service Company, inc., was incorporated by lan Harrigan and five other managers. The following activities occurred during the year: a. Received $63,000 cash from the managers; each was issued 1,050 shares. b. Purchased equipment for use in the business at a cost of $22,000, one-fourth was paid in cash and the company signed a note for the balance (due in six months). c. Signed an agreement with a cleaning service to pay it $270 per week for cleaning the corporate offices, beginning next yjeek. d. lan Harrigan borrowed $12,500 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 zera. For each of the above transactions, record its effects in the appropriate T-accounts. Include referencing and totals for each Taccount. 2. Using the bolances in the T-accounts, enter the following amounts for the accounting equation