Performance Plastics Company (PPC) has been operating for three years. The beginning account balances are: During the year, the company had the following summarized activities: a. Purchased equipment that cost $24,300; paid $8,000 cash and signed a two-year note for the balance. b. Issued an additional 3,300 shares of common stock for $33,000 cash. c. Borrowed $98,500 cash from a local bank, payable June 30 , in two years. d. Purchased supplies for $6,700 cash. e. Built an addition to the factory buildings for $45,250; paid $15,000 in cash and signed a three-year note for the balance f. Hired a new president to start January 1 of next year. The contract was for $95,000 for each full year worked. General Journal tab - Prepare the journal entries to record the transactions (a) through (f). Review the 'General Ledger' and the unadjusted 'Trial Balance' Tabs to see the effect of the transactions on the account balances. General Ledger tab - Each journal entry is posted automatically to the general ledger. Trial Balance tab - The ending balance values from the General Ledger tab flows through to the Trial Balance tab. Balance Sheet tab - Prepare a classified balance sheet at December 31. Analysis tab - Using the information from the requirements above, complete the 'Analysis' tab. A. Purchased equipment that cost \$24,300; paid \$8,000 cash and signed a two-year note for the balance. Record the transaction. B. Issued an additional 3,300 shares of common stock for $33,000 cash. Record the transaction. C. Borrowed $98,500 cash from a local bank, payable June 30 , in two years. Record the transaction. D. Purchased supplies for $6,700 cash. Record the transaction. E. Built an addition to the factory buildings for $45,250; paid $15,000 in cash and signed a three-year note for the balance. Record the transaction. F. Hired a new president to start January 1 of next year. The contract was for $95,000 for each full year worked. Record the transaction