Required Information [The following Information applies to the questions displayed below] Mulkeen Service Company, Incorporated, was incorporated by Conor Mulkeen and five other managers. The following activities occurred during the year. a. Received $70,000 cash from the managers; each was issued 2,000 shares of common stock b. Purchased equipment for use in the business at a cost of $15,000; one-fourth was paid in cash and the company signed a note for the balance (due in six months). c. Signed an agreement with a cleaning service to pay it $125 per week for cleaning the corporate offices, beginning next year d. Conor Mulkeen borrowed $26,000 for personal use from a local bank, signing a one-year note. 2. Using the balances in the T-accounts, fill in the following amounts for the accounting equation: Assets Liabetes Stockholders' Equity