The following are the transactions of Spotlighter, Incorporated, for the month of January. a. Borrowed $4,740 from a local bank on a note due in six months. b. Recelved $5,430 cash from investors and issued common stock to them. c. Purchased $2,600 in equipment, paying $1,000 cash and promising the rest on a note due in one year. d. Paid $1,100 cash for supplies. e. Bought and received $1,500 of supplies on account. Required: Post the effects to the appropriate T-accounts and determine ending account balances. Show a beginning balance of