Problem \#1 ( 12pts): On 8/1/21, Strand Corp borrowed $400,000 from the bank. Interest rate = 6%,1 year note. Strand's year-end is December 31s.. REQUIRED (using the Balance Sheet Equation): 1. Show the accounting transactions necessary at: a. beginning of the note, b. Strand's year-end, c. the pay-off of the note Problem #2 ( 30pts) : PART A) Strand Corp started business with the following transactions. Show the accounting transactions using the Balance Sheet Equation: 1. Issued 15,000 shares of $2 par Common stock for $45/ share 2. Issued 3,000 shares of $10 par Preferred stock for $80/ share 3. Issued 20,000 shares of the Common stock for $48/ share 4. Issued 6,000 shares of the Preferred Stock for $83/ share 5. Issued 20,000 shares of the Common Stock for a building worth $1,000,000 PART B) Show Strand's Stockholders Equity section after the transactions above