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 $ 6,350 Buildings 250,000 Cash 6,400 Common Stock 354,800 Equipment 25, 250 Land 108,000 Notes Payable (long-term) 34,500 Retained Earnings @ Supplies 5,200 During the month of July, the company had the following activities: Issued 2,700 shares of common stock for $270,000 cash. b. Borrowed $32,750 cash from a local bank, payable in two years. c Bought a building for $236,000paid $62,000 in cash and signed a three-year note for the balance. d Paid cash for equipment that cost $187.000 e Purchased supplies for $13,200 on account. Required: 1. Analyze transactions (0)-(e) to determine their effects on the accounting equation. TIP: In transaction (c), three different accounts are affected. (Enter any decreases to account balances with a minus sign.) Assets Stockholders' Equity Cash Supplies Buildings Equipment Land Common Stock Retained Earnings 5200 250.000 25,250 100,000 Beginning Balance a b 0 Liabilities Accounts Notes Payable Payable flong term 6,350 34,500 + 32.750 22,750 6,400 270.000 32.750 62.000 187,000 354,000 270,000 236,000 d 1870001 13. 200 18 400 13.200 19.550 Ending Balance 558,150 486 000 212.250 105,000 = 90.000 624 000 0