a. Jenna Aracel, the owner, invested $180,000 cash, office equipment with a value of $5,100, and $70,000 of drafting equipment to launch the company in exchange for common stock. b. The company purchased land worth $52,000 for an office by paying $8,400 cash and signing a long-term note payable for $43,600. c. The company purchased a portable building with $56,000 cash and moved it onto the land acquired in b. d. The company paid $4,800 cash for the premium on an 18-month insurance policy. e. The company completed and delivered a set of plans for a client and collected $6,500 cash. f. The company purchased $30,000 of additional drafting equipment by paying $9,400 cash and signing a long-term note payable for $20,600. g. The company completed $13,500 of engineering services for a client. This amount is to be received in 30 days. h. The company purchased $1,400 of additional office equipment on credit. i. The company completed engineering services for $27,000 on credit. j. The company received a bill for rent of equipment that was used on a recently completed job. The $1,427 rent cost must be paid within 30 days. k. The company collected $9,000 cash in partial payment from the client described in transaction g. I. The company paid $1,100 cash for wages to a drafting assistant. m. The company paid $1,400 cash to settle the account payable created in transaction h. n. The company paid $1,180 cash for minor maintenance of its drafting equipment. o. The company paid $9,290 cash in dividends. p. The company paid $1,600 cash for wages to a drafting assistant. q. The company paid $3,000 cash for advertisements on the Web during June. Cash (101); Accounts Receivable (106); Prepaid Insurance (108); Office Equipment (163); Drafting Equipment (164); Building (170); Land (172); Accounts Payable (201); Notes Payable (250); Common Stock (307); Dividends (319); Engineering Fees Earned (402); Wages Expense (601); Equipment Rental Expense (602); Advertising Expense (603); and Repairs Expense (604).