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Kelsey Baker founded GolfDeals.com at the beginning of February. GolfDeals.com sells new and used golf equipment online. The following events occurred in February: a. Borrowed $36,000 cash from a bank, signing a note due in three years. b. Received investment of cash by organizers and distributed to them 500 shares of $0.10 par value common stock with a market price of $35 per share. c. Leased a warehouse for $127,000, paying $29,000 in cash and signing a 10-year right-of-use lease for the balance. d. Purchased computer and office equipment for $26,000, paying $7,000 in cash and signing a note payable to the manufacturer for the rest. e. Loaned $1,500 to an employee who signed a note due in three months. f. Paid $5,000 to the manufacturers in (d) above. g. Purchased short-term investments for $16,000 cash. Kelsey Baker founded GolfDeals.com at the beginning of February. GolfDeals.com sells new and used golf equipment online. The following events occurred in February: a. Borrowed $36,000 cash from a bank, signing a note due in three years. b. Received investment of cash by organizers and distributed to them 500 shares of $0.10 par value common stock with a market price of $35 per share. c. Leased a warehouse for $127,000, paying $29,000 in cash and signing a 10-year right-of-use lease for the balance. d. Purchased computer and office equipment for $26,000, paying $7,000 in cash and signing a note payable to the manufacturer for the rest. e. Loaned $1,500 to an employee who signed a note due in three months. f. Paid $5,000 to the manufacturers in (d) above. g. Purchased short-term investments for $16,000 cash

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