Required information (The following information applies to the questions displayed below.] Athletic Performance Company (APC) was incorporated as a private company. The company's accounts included the following at July 1: $ 8,750 265,000 18,000 397,000 30,750 118,500 35,000 Accounts Payable Buildings Cash Common Stock Equipment Land Notes Payable (long-term) Retained Earnings Supplies 8,500 During the month of July, the company had the following activities: a. Issued 3,300 shares of common stock for $330,000 cash. b. Borrowed $52,750 cash from a local bank, payable in two years. c. Bought a building for $193,500; paid $59,500 in cash and signed a three-year note for the balance. d. Paid cash for equipment that cost $148,000. e. Purchased supplies for $18,400 on account. Required: 1. Analyze transactions (a)-(e) to determine their effects on the accounting equation. TIP: In transaction (c), three different accounts are affected. (Enter any decreases to account balances with a minus sign.)