STC records the following transactions for the month of January $2019.$ For each of the following transactions, record the event in the below Balance Sheet Equation $($BSE$)$ template. All relevant book$-$keeping entries are made at the end of each month.

Jan $2$: Acquires land and buildings costing $$220,000$ with a payment of $$45,500$ cash and takes out a loan to finance the remainder.