Izzo's Autograph Store purchased some new equipment. Which of the following journal entries could represent the purchase of the equipment? 1. Equipment $100,000 Cash $30,000 Note Payable $70,000 II. Equipment $300,000 Cash $300,000 III. Cash $200,000 Equipment $60,000 Note Payable $140,000 IV. Equipment $400,000 Contributed Capital $400,000 Il only I, II, and IV only I only III only