The following events occurred for Johnson Company: 3 1 points a. Received investment of cash by organizers and distributed to them 1,080 shares of $1 par value common stock with a market price of $25 per share. b. Purchased $8,500 of equipment, paying $1,100 in cash and owing the rest on accounts payable to the manufacturer. c. Borrowed $13,000 cash from a bank. d. Loaned $700 to an employee who signed a note. e. Purchased $16,461 of land; paid $5,000 in cash and signed a mortgage note for the balance. eBook Required: For each of the events (a) through (e), perform transaction analysis and indicate the account, amount, and direction of the effect (+ for increase and - for decrease) on the accounting equation. Check that the accounting equation remains in balance after each transaction. (If no impact on accounting equation leave cells blank.) 6 Hint Transaction Assets Liabilities Stockholders' Equity A Print a. b. References C. d. e