Please fix the incorrect answers, they are marked with a red x

East Hill Home Healthcare Services was organized on January 1, 2022 by four friends. Each organizer invested $10,000 in the company and, in turn, was issued 9,000 shares. To date, they are the only shareholders. At the end of 2023 , the accounting records reflected total assets of $1,006,000 ( $78,000 cash, $680,000 land, $78,000 equipment, and $170,000 buildings), total liabilities of $516,000 (short-term notes payable of $100,000 and long-term notes payable of $416,000 ), and shareholders' equity of $490,000 ( $100,000 contributed capital and $390,000 retained earnings). The following summarized events occurred during January 2024 : a. Sold 8,000 additional shares to the original organizers for a total of $80,000 cash. b. Purchased a building for $58,000, equipment for $15,000, and four acres of land for $13,000; paid $6,000 in cash and signed a note for the balance (due in 15 years). (Hint: Five different accounts are affected.) c. Sold one acre of land acquired in (b) for $5,000 cash to another company. d. Purchased short-term investments for $15,000 cash. e. One shareholder reported to the company that he sold 600 East Hill shares to another shareholder for $6,000 cash. f. Lent $6,400 to one of the shareholders for moving costs, receiving a signed six-month note from the shareholder. 2. During January 2024 , the records of the company were inadequate. You were asked to prepare the summary of the preceding ransactions. To develop a quick assessment of their economic effects on East Hill Home Healthcare Services. (If a transaction does ot require an entry, leave the cells blank. Enter any decreases to account balances with a minus sign.) 4. Based only on the completed tabulation, provide the following amounts at January 31, 2024. Answer is complete but not entirely correct