The following transactions occurred during June, the first month of operations for Tower Engineering, Inc Issued 80,000 shares of capital stock to the owners of the corporation in exchange for $800,000 cash Made a $100,000 cash payment on the note payable from the purchase of land. Purchased equipment on credit from CAD Pro for $56.000 Purchased a piece of land for 5400,000, making a $120,000 cash down payment and signing a note payable for the balance. Refer to the above date What is the total owners equity at the end of june? Your answer: 0800000 1036000 580000 O 524000