The following are the transactions of Spotlighter, Incorporated, for the month of January. a. Borrowed $4,090 from a local bank on a note due in 5ix months. b. Recelved $4,780 cash from investors and issued common stock to them. c. Purchased $1,300 in equipment, paying $350 cash and promising the rest on a note due in one year. d. Paid $450 cash for supplies. e. Bought and received $850 of supplies on account. Required: Post the effects to the appropriate T-accounts and determine ending account balances. Show a beginning balance of zero