Required information

PB$9-3($Algo$)$ Analyzing and Recording Long$-$Lived Asset Transactions with Partial$-$Year Depreciation $[$LO $9-2,$ LO $9-3,$ LO $9-6]$

$[$The following information applies to the questions displayed below.$]$

Randy's Restaurant Company $($RRC$)$ entered into the following transactions during a recent year.

April $1$ Purchased equipment $($a new walk$-$in cooler$)$ for $$6,000$ by paying $$1,500$ cash and signing a $$4,500$ note due in six months.

April $2$ Enhanced the equipment $($by replacing the air$-$conditioning system in the walk$-$in cooler$)$ at a cost of $$3,500,$ purchased on account.

April $30$ Wrote a check for the amount owed on account for the work completed on April $2.$

May $1$ A local carpentry company repaired the restaurant's front door, for which RRC wrote a check for the full $$170$ cost$.$

June $1$ Paid $$10,320$ cash for the rights to use the name and store concept created by a different restaurant that has been successful in the region.

PB$9-3($Algo$)$ Part $1-$a

$**$please use assets $=$ liabilities $+$ stockholders equity format$**$