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MCheck Your Work-Google Cheome 200points The following are the transactions of Spotighter, Inc for the month of January a Borrowed $3.940 from a local bank on a note due in six months b Received 54,630 cash from investors and issued common stock to them c Purchased $1,000 inequpment paying $200 cash and promising the rest on a note due in one year d Pald $300 cash for supplies e Bought and received $700 of supplies on account Prepare a classified balance sheet for Spotighter Inc, as of January 31 3 Answer is not complete. At January 31 Assets Liabilities Current Assets | Current Liabilies Cash 053 070 )-Accounts Payable Supplies 1,000 Notes Payable (sho-m) 3.940 940 Short-term Investments |Total Current liabliss Total Current Assets 019.070 O 5.440 Accounts Payable 0 Common Stock 4,630 1,000 O 10 070 Total Asses Total Lisbilities and Stockholders' Equity 0110 070 Search the web and Windows