The following are independent situations. A company orders and receives 12 personal computers for office use for which it signs a note promising to pay $21,600 within three months. A company purchases for $27,000 cash a new delivery truck that has a list (sticker) price of $29,500. A womens clothing retailer orders 22 new display stands for $220 each for future delivery. A new company is formed and issues 1,300 shares for $21 per share to investors. A company purchases a piece of land for $42,000 cash. An appraiser for the buyer valued the land at $44,700. The owner of a local company buys a $17,000 car for personal use. Answer from the companys point of view