[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 $71,000 total cash from the six investors; each investor was issued 8,500 shares of common stock with a par value of $0.20 per share b. Purchased equipment for use in the business at a cost of $19,000; 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 $130 per week for cleaning the corporate offices next year. d. Received an additional contribution from investors who provided $3,100 in cash and land valued at $16,000 in exchange for 1,100 shares of stock in the company e. Lent $2,600 to one of the investors who signed a note due in six months. f. Ted Granger borrowed $7100 for personal use from a local bank, signing a one-year note. Cash Notes Receivable Beg. Bal 0 Beg. Bal 71,000 2,600 3,100 74,100 End. Bal End. Bal 2,600 Equipment Land Beg. Bal Beg. Bal 19,000 16,000 End. Bal 19,000 End. Bal 16,000 Notes Payable Common Stock Beg. Bal 0 Beg. Bal 0 14,250 (b) 220 ((d) End. Bal 14,250 End. Bal 220 Additional Paid-in Capital Beg. Bal End. Bal