Part 4 of 6 4. Prepare a trial balance at July 31, Answer is complete but not entirely correct. ATHLETIC PERFORMANCE COMPANY Trial Balance For the Month Ended July 31 Debit Credit Cash $ 10.150 Supplies 8.550 Land 112,000 Buildings 268.000 Equipment 34.750 X Accounts Payable $ 6.7003 Notes Payable (long-term) 22,750 Common Stock 404,000 Retained Earnings SISISIS Totais $ 433,450 $ 433,450 Required information (The following information applies to the questions displayed below) Athletic Performance Company (APC) was incorporated as a private company. The company's accounts included the following at July 1: Accounts Payable Buildings Cash Common Stock Equipment Land Notes Payable (long-term) Retained Earnings Supplies $ 6,700 268,000 10, 150 404,000 34,750 112,000 22,750 8,550 During the month of July, the company had the following activities: Issued 3,400 shares of common stock for $340,000 cash b. Borrowed $34.250 cash from a local bank, payable in two years. c Bought a building for $211,000; pald $55,000 in cash and signed a three-year note for the balance. d. Paid cash for equipment that cost $127,000, e Purchased supplies for $18,500 on account 4. Prepare a trial balance at July 31