[The following information applies to the questions displayed below,] Deliberate Speed Corporation (DSC) was incorporated as a private company. The company's accounts included the following at June 30: Accounts Payable Buildings Cash Common Stock Equipment Land Notes Payable (long-term) Retained Earnings Supplies $20,600 92,000 60,250 205,000 157,500 207,000 3,400 404,250 16,500 During the month of July, the company had the following activities: a. Issued 4,200 shares of common stock for $420,000 cash b. Borrowed $194,000 cash from a local bank, payable in two years. c. Bought a building for $265,250; paid $97,250 in cash and signed a three-year note for the balance d. Paid cash for equipment that cost $282,000 e. Purchased supplies for $37,250 on account