The following are the transactions of Spotlighter, Incorporated, for the month of January. Borrowed $4,690 from a local bank on a note due in six months. Received $5,380 cash from investors and issued common stock to them. Purchased $2,500 in equipment, paying $950 cash and promising the rest on a note due in one year. Paid $1,050 cash for supplies. Bought and received $1,450 of supplies on account. Required: Post the effects to the appropriate T-accounts and determine ending account balances. Show a beginning balance of zero.