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11. value: 15.00 points Following are the transactions of Dennen, Inc., for the month of January. The effect of these transactions is not included in the beginning balances shown. a. Borrowed $23,000 from a local bank. b. Lent $10,000 to an affiliate; accepted a note due in one year. c. Sold to investors 100 additional shares of stock with a par value of $0.10 per share and a market price of $6 per share, received cash. d. Purchased $14,300 of equipment, paying $5,300 cash and signing a note for the rest due in one year. e. Declared and paid $1,800 in dividends to stockholders. Cash Notes Receivable Beg. 1,100 Equipment Beg. bal. 12,900 Notes Payable Beg. bal. 3.400 Common Stock Beg. bal. 1,000 Beg. bal. 1,000 Additional Paid-in Capital Beg. bal. 2,000 Retained Earnings Beg. bal. 8,600 Prepare a balance sheet for Dennen, Inc., as of January 31. DENNEN, INC. Balance Sheet Assets Liabilities Current assets Current liabilities: Total current assets Total current liabilities Total stockholders' equity Total liabilities & stockholders' equity Total assets