The Longmeadow Painting Company is founded by Sam & Cal on June 1, 2015. During June, the company records the following activities: Sam and Calonch contribute $1,000 cash to found the business Sam contributes his van to the company in exchange for additional owenship, the van is estimated to be worth $3,000 . Cal contributes two ladders in exchange for additional ownership. The ladders have a combined estimated value of $500 Sam and Cal borrow $2,000 cash from their friend Kash. Sam and Cal use cash to purchase the following items: o Paint ($1,200) o Paint brushes and other supplies ($800) Fill in the following balance sheet for Sam & Cal incorporating the above activities. Do NOT enter $ signs, just numbers Longmeadow Painting Co. Balance Sheet For the month ended June 30, 2015 Assets Cash Inventory (paint) Supplies Equipment - Van Equipment - Ladders Total Assets Llabilities Loans Payable Owners' Equity Common Stock Total Liabilities and Owners' Equity