Question: Borrowed $ 3 6 , 0 0 0 cash from a bank, signing a note due in three years. Received investment of cash by organizers

Borrowed $36,000 cash from a bank, signing a note due in three years.
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.
Leased a warehouse for $127,000, paying $29,000 in cash and signing a 10-year right-of-use lease for the balance.
Purchased computer and office equipment for $26,000, paying $7,000 in cash and signing a note payable to the manufacturer for the rest.
Loaned $1,500 to an employee who signed a note due in three months.
Paid $5,000 to the manufacturers in (d) above.
Purchased short-term investments for $16,000 cash.

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