Cash–30,000 Land–16,000 Notes Payable–10,000 Common Stock—20,000 Retained Earnings—16,000 Foster Corp. completed the following transactions during 2013: 1. Purchased land for $20,000 cash. 2. Acquired $10,000 cash from the issue of common stock. 3. Received $90,000 cash for providing services to customers. 4. Paid cash operating expenses of $65,000. 5. Borrowed $20,000 cash from the bank. 6. Paid a $5,000 cash dividend to the stockholders. 7. Determined that the market value of the land purchased in event 1 is $30,000. Required a. Record the transactions in the appropriate general ledger accounts. Record the amounts of revenue, expense, and dividends in the Retained Earnings column. Provide the appropriate titles for these accounts in the last column of the table. b. As of December 31, 2013, determine the total amount of assets, liabilities, and stockholderAc€?cs equity and present this information in the form of an accounting equation. c. What is the amount of total assets, liabilities, and stockholdersAc€?c equity as of January 1, 2014?