Deliberate speed corporation (dsc) was incorporated as a private company. the company's accounts included the following at june 30: accounts payable $20,600buildings 92,000cash 60,250 common stock 205,000equipment 157,500land 207,000notes payable (long-term) 3,400retained earnings 404,250supplies 16,500 during the month of july, the company had the following activities: (a) issued 4,200 shares of common stock for $420,000 cash. (b) borrowed $194,000 cash from a local bank, payable in two years. (c) bought a building for $265,250; paid $97,250 in cash and signed a three-year note for the balance. (d) paid cash for equipment that cost $282,000. (e) purchased supplies for $37,250 on account.