The following information applies to the questions displayed below.j Bearings &Brakes Corporation (B&B) 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 $50,000 500,000 90,000 170,000 148,000 444,000 5,000 966,000 9,000 During the month of Jly, the company had the following activities a. Issued 6,000 shares of common stock for $600,000 cash b. Borrowed 560,000 cash from a local bank, payable in four years. c. Bought a building for $166,000; paid $66,000 in cash and signed a three-year note for the balance d. Paid cash for equipment that cost $90,000 e. Purchased supplies for $90,000 on account