The following are the transactions of Spotlighter, Inc., for the month of January. Borrowed $4,390 from a local bank on a note due in six months. Received $5,080 cash from investors and issued common stock to them. Purchased $1,900 in equipment, paying $650 cash and promising the rest on a note due in one year. Paid $750 cash for supplies. Bought and received $1,150 of supplies on account. Prepare journal entries for each transaction. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.)