Nicole has decided that she is going to start her business, Nicole's Getaway Spa (NGS). A lot has to be done when starting a new business. Here are some transactions that have occurred prior to April 30. a. Received $92,000 cash when issuing 9,200 new common shares. b. Purchased some land by paying $5,500 cash and signing a note payable for $9,500 due in three years. c. Hired a new aesthetician for a salary of $2,200 a month, starting next month. d. NGS purchased a company car for $30,000 cash (list price of $33,000) to assist in running errands for the business. e. Bought and received $1,050 in supplies for the spa on credit. f. Paid $260 of the amount owed in (e). g. Nicole sold 100 of her own personal shares to Raea Gooding for $700. 1. prepare a journal entry 2. Assuming that the beginning balances in each of the accounts are zero, complete T-accounts to summarize the transactions (a)(g). 3. Prepare a classified balance sheet at April 30 using the information given in the transactions. Include Retained Earnings with a zero balance. 4. Calculate the current ratio at April 30.