# Totally confused, I need your help. I did a ton of calculations in this problem. In the image bel...

Totally confused, I need your help. I did a ton of calculations in this problem. In the image below, I've provided the question details, and the table I've filled out online (shows what I've already gotten right with checkmarks, and that which I've gotten wrong with X's.) I for the life of me cannot solve this question. I'll love you forever if you explain thoroughly how you came to each conclusion without leaving out any details or shortcuts as I'm really needing help here. Please help.

12 Reporting a Classified Balance Sheet CLO 2-4] The following are the transactions of Spotlighter, Inc., for the month of January a. Borrowed $5.540 from a local bank on a note due in six months. b. Received$6,230 cash from investors and issued common stock to them. c. Purchased $2,600 in equipment, paying$1,000 cash and promising the rest on a note due in one year. d. Paid $1,100 cash for supplies. e. Bought and received$1 of supplies on account.