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 $ 4,000 200,000 16,000 308,000 18,000 90,000 17,000 5,000 During the month of July, the company had the following activities: a. Issued 2,000 shares of common stock for $200,000 cash. b. Borrowed $30,000 cash from a local bank, payable in two years. c. Bought a building for $141,000; paid $41,000 in cash and signed a three-year note for the balance. d. Paid cash for equipment that cost $100,000. e. Purchased supplies for $10,000 on account. M ME Header Homework Saved c. Bought a building for $141,000; paid $41,000 in cash and signed a three-year note for the balance. d. Paid cash for equipment that cost $100,000. e. Purchased supplies for $10,000 on account Required: 1. Analyze transactions (a)-(e) to determine their effects on the accounting equation (Enter any decreases to account balances with a minus sign.) Assets Cash Supplies Buildings Equipment Land Liabilities Accounts Notes Payable Payable 4,000 17,000 Stockholders' Equity Common Retained Stock Earnings 308,000 Beg 5,000 200,000 18,000 90.000 16,000 200,000 30,000 b c 141,000 d 100,000 e 10,000 15,000 End. 246,000 341,000 118,000 90,000 4,000 17,000 308,000 0