Precision Builders Construction Company was incorporated by Chris Stoschek. The following activiies occurred during the year a. Recelved from three investors $68,000 cash and land valued at $43,000 each investor was issued 3,000 shares of common stock with a par value of $0.10 per share. b. Purchased construction equipment for use in the business at a cost of $42,000 one-fourth was paild in cash and the company signed a note for the balance (due in six months. a. Lent $5,500 to one of the investors who signed a note due in six months. d Cris Stschek purchased a truck for personal use, paid $5,800 down and signed oneyear noto for $26,000. e. Paid $16,000 on the note for the construction equipment in (b) Ognore interest). Create T-accounts for the folowing accounts: Cash, Notes Receivable, Equipment, Land, Notes Payable, Common Stock, and Additional Paidin Capital Beginning balances are SO. For each of the preceding transactions, record the effects of the tansaction in the appropriate T oorts. Include good referencing for each T-acount Beg Bal Beg. Bal End. Bal End. Bai Beg Bal Beg Bal End. Bal End. Bal Beg Bal