The following information applies to the questions displayed below.) Granger Service Company, Inc., was organized by Ted Granger and five other investors. The following activities occurred during the year: a. Received $70,000 total cash from the six investors; each investor was issued 8,400 shares of common stock with a par value of $0.10 per share. b. Purchased equipment for use in the business at a cost of $18,000; one-fourth was paid in cash and the company signed a note for the balance (due in six months) c Signed an agreement with a cleaning service to pay $120 per week for cleaning the corporate offices next year. d. Received an additional contribution from investors who provided $3,000 in cash and land valued at $15,000 in exchange for 1,000 shares of stock in the company e. Lent $2,500 to one of the investors who signed a note due in six months t Ted Granger borrowed $7,000 for personal use from a local bank, signing a one-year note. Answer is not complete. Cash Notos Rocolvablo Beg. Bal. 0 Beg. Bal. 0 (e) 2,500 64,960 2,900 O (a) (d) (c) End. Bal. 4,500 2,500 (b) (e) O 60,860 End. Bal. 2,500 Equipment Land 0 0 Bog. Bal. (b) (b) Beg. Bal (d) 15,000 4,500 13,500 18,000 End. Bal End. Bal 15,000 Notes Payable Common Stock Beg. Bal. 0 Beg. Bal. 0 + End. Bol End. Bal Bog Bal. (a) (d) (d) Additional Pald-in Capital 0 64,960 2,900 15,000 82,860 0 End, Bal