Kelsey Baker founded GolfDeals.com at the beginning of February. GolfDeals.com sells new and used golf equipment online. The following events occurred in February: Borrowed $49,000 cash from a bank, signing a note due in three years. Received investment of cash by organizers and distributed to them 500 shares of $0.10 par value common stock with a market price of $30 per share. Leased a warehouse for $153,000, paying $42,000 in cash and signing a 10-year right-of-use lease for the balance. Purchased computer and office equipment for $39,000, paying $8,000 in cash and signing a note payable to the manufacturer for the rest. Loaned $3,000 to an employee who signed a note due in three months. Paid $6,500 to the manufacturers in (d) above. Purchased short-term investments for $16,000 cash. Required: Prepare journal entries for the above transactions. Note: If no entry is required for a transaction/event, select "No journal entry required" in the first account field.