You form a Retail Property Management company, Abicus Property Management Ltd. with the following transactions: (i) On October 3, 20XX you invest $65,000 of your own money into the company and receive 15,000 common shares in return. (ii) On October 10, 20XX Abicus purchases $1,200 of general maintenance supplies on account. The balance owing is paid in cash on October 30, 20XX. (iii) On October 18, 20XX Abicus borrows $13,000 from the bank to purchase a car. The simple interest loan has a rate of 10.50% per year (0.0288% per day). Interest and principal are to be repaid in full on December 31 of the following year. (iv) On October 20, 20XX Abicus purchases a car for $13,000. This amount is paid in cash. (v) On October 20, 20XX Abicus rents office space for $5,000 per month (on a month-tomonth lease requiring two months' notice to terminate its agreement). Two months' rent payment is required to secure the lease. Abicus will not occupy the building until December 1, 20XX. Abicus pays the deposit plus December's rent in advance