The following events occurred for johnson company: received investment of cash by organizers and distributed to them 1,000 shares of $1 par value common stock with a market price of $40 per share. purchased $15,000 of equipment, paying $3,000 in cash and owing the rest on accounts payable to the manufacturer. borrowed $10,000 cash from a bank. loaned $800 to an employee who signed a note. purchased $13,000 of land; paid $4,000 in cash and signed a note for the balance. required: for each of the events (a) through (e), perform transaction analysis and indicate the account, amount, and direction of the effect (+ for increase and − for decrease) on the accounting equation. check that the accounting equation remains in balance after each transaction. (if no impact on accounting equation leave cells blank.)